Canada • Mortgages • Banks
CanadianBankNews brings together mortgage rates from major lenders, independent commentary, and AI-powered summaries of Canadian banking news. Use the affordability calculator to see how today's rates affect your potential mortgage.
Sample of posted or advertised rates from major lenders. Always confirm with the bank or your broker.
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Mortgage guide
Not sure whether to lock in a fixed rate or ride a variable rate? This quick guide explains the tradeoffs Canadians actually care about: payment stability, renewal risk, and how Bank of Canada moves can affect you.
First-time buyers
Canada now offers three powerful savings options for buying your first home: the FHSA, RRSP, and TFSA. Each comes with different tax rules, withdrawal limits, and long-term tradeoffs.
Latest news
AI summary
Money.ca • 2026-04-10
Bank of Canada data shows retirees face a steeper renewal risk in 2026 — and a different playbook Money.ca
Major Canadian banks are reporting a rise in mortgage delinquencies and financial stress among households, as higher interest rates and persistent inflation weigh on Canadians’ ability to manage debt. Recent earnings reports from top banks like RBC, TD, and Scotiabank show increased loan-loss provisions, especially in their domestic mortgage portfolios. At the same time, mortgage growth has slowed and more homeowners are struggling to keep up with payments as their fixed-rate terms expire and renew at much higher rates.
The Globe and Mail • 2026-04-09
The week’s best fixed and variable mortgage rates The Globe and Mail
The Globe and Mail • 2026-04-09
The mortgage renewal wave didn’t destroy finances. But how badly are they hurting? The Globe and Mail