Oriana News
- Sep 01, 2023
Mortgage owners should brace for possible rate hike, experts say
Mortgage owners should brace for possible rate hike, experts say
Read More- Aug 14, 2023
Variable-rate mortgages gaining favour again as Canadians bet interest rates have peaked
Variable-rate mortgages gaining favour again as Canadians bet interest rates have peaked
Read More- Jul 13, 2023
What impact will the new Bank of Canada hike have on Canada's housing market?
What impact will the new Bank of Canada hike have on Canada's housing market?
Read More- Jun 07, 2023
Bank of Canada hikes interest rate again — and there may be more to come
Bank of Canada hikes interest rate again — and there may be more to come
Read More- Apr 28, 2023
High mortgage costs will ‘strain’ budgets. But is the Bank of Canada worried?
High mortgage costs will ‘strain’ budgets. But is the Bank of Canada worried?
Read More- Apr 27, 2023
Canada's home prices haven't hit bottom yet, says CMHC
Canada's home prices haven't hit bottom yet, says CMHC
Read More- Feb 27, 2023
Here's what you need to know to get a head start on filing your 2022 taxes
Here's what you need to know to get a head start on filing your 2022 taxes
Read More- Jan 25, 2023
Bank of Canada Hikes Rate
The BoC hiked rates again by a quarter of a percentage point. Although they're expected to hold off on further rate hikes, the bank will likely have to keep interest rates higher than before the pandemic. This higher and more volatile interest-rate reality will have far-reaching economic and financial consequences.
Read More- Dec 28, 2022
2022’s year in Review: The financial highs, lows and what’s in store for 2023
2022’s year in Review: The financial highs, lows and what’s in store for 2023
Read More- Dec 12, 2022
What the latest Bank of Canada rate hike means for inflation, consumers
What the latest Bank of Canada rate hike means for inflation, consumers
Read MoreCURRENT RATES
| Term | Our Rate | Bank Rate |
| 2 YEAR | 6.14% | 6.94% |
| 3 YEAR | 5.99% | 6.74% |
| 4 YEAR | 5.69% | 6.59% |
| 5 YEAR | 5.44%* | 6.64% |
| 5 YEAR variable | 6.20%* | 7.20% |
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