Fuse Mortgage Inc., Toronto, ON (2026)

04/29/2026

📊 Bank of Canada Rate Update – April

The Bank of Canada held its overnight rate at 2.25% today.

Inflation has recently ticked up to 2.4%, mainly due to higher gas prices, and may rise closer to 3% in the short term before easing back toward the 2% target next year.

Key highlights:

• Economic growth remains modest, with continued global uncertainty
• Canada’s labour market is soft, with unemployment around 6.5%–7%
• Housing and business investment are still being held back by affordability and uncertainty
• Growth is expected to gradually improve over the next few years

💡 What this means:
The Bank is staying cautious and data-driven. For now, rates are being held steady while they watch how inflation and global events evolve.

If you’re thinking about your mortgage, renewal, or borrowing strategy, it’s a good time to reassess your options.

03/24/2026

When your mortgage is up for renewal, the short answer is: yes, you can absolutely renew with your current lender.

But here’s the part most people don’t realize…

Your lender will only show you their options. They’re not comparing rates across the market or exploring strategies that might better suit your goals - they’re simply offering what they have in-house.

That’s where we come in.

We look at:
• What your current lender is offering
• What other lenders are offering
• And what actually makes the most sense for you

Maybe you’re looking to:
– Access equity
– Set up a line of credit
– Re-amortize your mortgage
– Or simply secure a better rate

Sometimes your current lender is the best option - and if that’s the case, we’ll tell you. But we’ll also guide you through the process so nothing gets missed and you feel confident, informed, and comfortable with your new term.

A mortgage broker’s role doesn’t end once your mortgage is set up.
We’re here for the entire journey - including renewals - to answer questions, run scenarios, and make sure you always feel supported.

03/18/2026

Bank of Canada holds its policy rate at 2.25% 📊

Today’s announcement reflects a bit of a balancing act in the economy right now. Inflation has continued to ease, coming in at 1.8% in February - right around the Bank’s 2% target. However, that progress may be tested as rising global energy prices are expected to push inflation higher in the coming months.

On the growth side, the Canadian economy is showing signs of slowing. GDP contracted at the end of last year, the labour market has softened, and recent data suggests weaker-than-expected momentum heading into 2026.

Globally, uncertainty remains elevated - particularly with ongoing conflict in the Middle East impacting energy markets and financial conditions. These factors are making it more difficult for the Bank to confidently shift its stance.

For now, the Bank is holding steady while it continues to monitor both inflation risks and slowing economic activity.

If you have a renewal coming up or are wondering how this could impact your mortgage strategy, click the link in our bio to get in touch with our team!

01/28/2026

The Bank of Canada held its policy rate at 2.25% today - no change this announcement.

What does that mean for you?

• Variable mortgage rates remain unchanged
• Fixed rates are still driven by bond markets (not BoC directly)
• Inflation is easing and staying close to the 2% target
• The Bank is watching economic uncertainty closely before making any moves

For homeowners and buyers, this pause provides a bit of breathing room - but strategy still matters. Every situation is different, and the right move depends on your timeline, risk tolerance, and future plans.

If you’re wondering how this impacts your mortgage, we’re always happy to chat.

12/10/2025

📣 Bank of Canada holds the policy rate at 2.25%!

Today, the Bank of Canada kept its overnight rate unchanged at 2.25%, noting that inflation has stayed close to the 2% target for over a year. Core inflation sits around 2.5%, and the Bank believes the current rate is appropriate to keep prices stable while the economy continues to adjust.

🇨🇦 What’s driving the decision?
• Canadian GDP surprised to the upside in Q3, though growth is expected to soften in Q4
• Labour markets are improving, but hiring intentions remain subdued
• Global conditions remain uncertain, especially with US trade tensions
• Underlying inflation is still slightly elevated but trending stable

For homeowners and buyers, this hold provides some consistency heading into the new year. If you’re renewing in 2026 or planning a purchase, we’re happy to walk you through what today’s decision means for your mortgage strategy. 🏡✨

11/06/2025

🔍 Question: The Bank of Canada cut its policy rate by 0.25% on October 29, 2025 – so why didn’t fixed mortgage rates fall in step?

Here’s the breakdown:

👉 On Oct 29, the Bank of Canada (BOC) lowered its target overnight rate to 2.25%.

👉 That move influences the prime rate (which recently moved from 4.70% to 4.45%) and therefore helps variable rate mortgages and lines of credit.

👉 But for fixed rate mortgages – the kind many borrowers lock in for 3, 5 or even 10 years – the story is different. These are mainly priced off long-term bond yields, not immediate changes in the Central Bank’s overnight rate.

👉 Because bond yields reflect broad expectations about inflation, economic growth and global markets, fixed rates don’t necessarily drop just because the bank cut its rate – especially if the bond market hasn’t moved significantly.

👉 In short: If you’re locked into or shopping for a fixed rate mortgage, a BOC cut won’t automatically translate into a lower rate. Meanwhile, variable rate borrowers stand to benefit sooner.

👉 What this means for you:
• If you currently have a variable rate mortgage (or one tied to prime), you could see your rate dip.
• If you have – or are considering – a fixed rate term, the key drivers are lender funding costs and bond yields, which may not respond immediately to the policy rate cut.

👉 At Fuse Mortgage, we’ll walk you through whether a fixed or variable option makes the most sense given today’s rate dynamics, your goals and risk appetite.

📞 Want to chat about your renewal, renewal strategy or switching lenders? Reach out – we’ve got you covered.

10/29/2025

🏡 Rate Cut Alert! The Bank of Canada just lowered its key rate to 2.25%!

What does that mean for homeowners and buyers? Let’s break it down 👇

💰 If you have a variable-rate mortgage or line of credit, you could see a small drop in your interest rate (and maybe a bit of breathing room on those monthly payments).

📊 The Bank made this move because the economy’s been slowing - exports and business investment are down, job growth has softened, and inflation is hovering right around their 2% target.

🌎 Big picture: things are still uncertain globally, but this cut is meant to help support growth and give Canadians some relief.

If you’re wondering how this change could affect your current mortgage or plans to buy, refinance, or renew - now’s a great time to check in.

10/23/2025

Let’s take a look back at the last six Bank of Canada rate announcements from 2025 📉 and compare them to where things stood just one year ago in 2024. 👉

The prime rate has shifted significantly, from 7.20% last year to 4.70% today.

The next Bank of Canada rate announcement is coming Wednesday, October 29th - will we see another cut, or will rates hold steady?

Tell us your predictions in the comments 👇

09/24/2025

🚨 Rates are on the move again!

On Wednesday, September 17th, the Bank of Canada lowered the policy rate by 0.25%, bringing the Prime rate to 4.70%.

So, what does this mean?

The policy rate (also called the “overnight rate”) is the base interest rate that influences borrowing costs across Canada. When it drops, here’s what happens:

📉 Variable-rate mortgages & lines of credit → Payments go down a little.
⏸ Fixed-rate mortgages → No direct change (these follow bond markets).
💰 Big picture → The Bank of Canada is making borrowing slightly cheaper to encourage spending + investment.

It’s not a huge change overnight, but if you have a variable mortgage or HELOC, you should see a little relief in your monthly payments.

❓ Have questions about how this change affects you? Get in touch with our team — we’d be happy to help!

07/30/2025

📢 Bank of Canada holds the rate at 2.75% 📢

The Bank of Canada is keeping its key interest rate steady as the economy shows signs of slowing and inflation remains close to target.

🇨🇦 Trade uncertainty and U.S. tariffs continue to impact growth, but the Bank is holding off on cuts for now, watching how inflation and global risks evolve.

🏡 For homeowners and buyers, this means mortgage rates remain relatively stable, but that could shift in the coming months.

📅 The next rate announcement is September 17th and we’ll be keeping a close eye.

Questions about your mortgage? Let’s chat - click the link in our bio!

Fuse Mortgage Inc.

04/29/2026

03/24/2026

03/18/2026

01/28/2026

12/10/2025

11/06/2025

10/29/2025

10/23/2025

09/24/2025

07/30/2025

Address

Telephone

Website

Alerts

Contact The Business

Shortcuts

Share

Category