The Globe and Mail
🏢 Globe and Mail Inc. (Woodbridge)
Jul 9, 2026
· 3 min read
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The week’s best fixed and variable mortgage rates
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Article Excerpt
The week’s best fixed and variable mortgage rates
SALMAAN FAROOQUI
PUBLISHED 52 MINUTES AGO
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The Bank of Canada is widely expected to leave interest rates unchanged at 2.25 per cent when it convenes next week, as the central bank navigates diverging economic trends.
The BoC faces a sluggish economy that would call for a rate cut, while continuing inflation risks may require an interest-rate hike, said Clay Jarvis, a mortgage and financial expert with NerdWallet Canada.
“The opposing nature of Canada’s current economic maladies explains why the bank’s likely to c…
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Jul 9, 2026