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Daily Archives: January 29, 2026

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Why fixed mortgage rates may not move when the Bank of Canada does

Posted on January 29, 2026
By Eric MajdalaniMortgage

When the Bank of Canada (BoC) makes interest rate cuts, variable rate mortgage pricing typically moves, too.That’s because the central bank’s benchmark rate influences the interest rates that banks charge on variable rate mortgages, such as the TD Prime Rate, which impacts the interest rates on loans such as variable rate mortgages and home equity…

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