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Fixed vs. Variable Mortgages in Canada: Which Should You Choose Right Now?

  Mortgages | Personal Finance | June 2026 Variable rates sit at 3.30% while fixed rates have climbed above 4%. The Bank of Canada is frozen between inflation and recession. Here's what that means for your mortgage decision today. By MoneySavings.ca Staff  |   June 26, 2026 📊 Today's Best Mortgage Rates — June 26, 2026 Type Term Lowest Rate (Broker) Big Bank Range Variable 5-Year ~3.30% ~3.50–4.00% Fixed (Insured) 5-Year ~4.04% ~4.50–5.20% Fixed (Conventional) 5-Year ~3.94% Higher Bank of Canada Policy Rate 2.25%  |  Prime Rate: 4.45% Sources: NerdWallet Canada, Ratehub.ca, WOWA.ca, bestrates.ca. Rates as of June 26, 2026. Broker rates require qualification; Big Bank rates are estimates. Your actual rate depends on your credit score, down payment, and mortgage type. If you're buying a home, renewing a mortgage, or simply trying to make sense of an unusually complex rate environment, you've arrived at the right question at a complicated moment. The Canadian...

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Healthy Recipes for a Budget in 2024


Eating healthy does not have to be expensive or boring. You can prepare delicious and nutritious meals with simple and affordable ingredients. Here are some examples of healthy recipes that you can try:

- Vegetable and Bean Soup: This hearty and filling soup is easy to make with canned or dried beans, chopped vegetables, vegetable broth, and seasonings. You can add some cheese, yogurt, or sour cream for extra creaminess and protein.

- Chicken and Vegetable Stir-Fry: This is a quick and versatile dish that you can customize with different vegetables, sauces, and spices. You can use chicken breast or thigh, or substitute tofu or tempeh for a vegetarian option. Serve it with rice, noodles, or quinoa for a complete meal.

- Pasta with Tomato and Spinach Sauce: This is a simple and satisfying dish that you can whip up in no time. You just need some pasta, canned or fresh tomatoes, spinach, garlic, olive oil, and parmesan cheese. You can also add some chicken, sausage, or beans for more protein.

- Oatmeal with Fruits and Nuts: This is a healthy and filling breakfast that will keep you energized for the day. You can cook some oats with water or milk, and top them with fresh or dried fruits, nuts, seeds, honey, or maple syrup. You can also make overnight oats by soaking them in a jar with milk and yogurt in the fridge.

- Egg and Cheese Sandwich: This is a classic and easy breakfast that you can make in minutes. You just need some bread, eggs, cheese, butter, and salt and pepper. You can also add some ham, bacon, or avocado for more flavor and texture. Toast the bread, scramble the eggs, melt the cheese, and assemble the sandwich.

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