TD Bank is offering a variable rate mortgage that is the best widely available uninsured variable discount since 2021. Photo by Joe Raedle/Getty Images The nation’s second-biggest bank just launched a ...

Variable-rate mortgages move with the prime lending rate, which is affected by changes to the BoC’s policy rate. Fixed mortgage rates are affected by the bond market, which has seen yields remain ...

The Bank of Canada said half of all homeowners with a variable rate, fixed payment mortgage had reached their trigger rate by Oct. 2022. (Photo by Creative Touch Imaging Ltd./NurPhoto via Getty Images ...