Skip to main content

Featured

Big Six Banks Raise Fixed Mortgage Rates: What Your Renewal Costs Now

  Canadian Money Brief • Mortgages Updated Saturday, October 17, 2026 If your mortgage term ends this winter, the rate you saw advertised in August is probably gone. All six of Canada’s big banks have raised fixed rates since early September, and the Bank of Canada hasn’t touched its policy rate in almost a year. That disconnect catches a lot of homeowners off guard. Your fixed mortgage rate doesn’t follow the Bank of Canada. It follows the bond market. And bond yields have been climbing on oil-driven inflation worries, which means the people feeling it first right now are the ones opening a renewal letter. The numbers at a glance Up to 0.50 pt in fixed-rate increases at the big banks in about five weeks • BoC policy rate still 2.25% • Big bank prime still 4.45% • About $110 a month more on a $400,000 balance from a half-point jump How far have the big banks moved? Depending on the term, some big bank fixed rates are up by as much as half a percentage point in roughly five week...
Post a Comment
Read more

article

Labels

How to Boost Your Fitness with 30-Second Movement Snacks

If you want to get fitter and healthier this year, you don’t need to spend hours at the gym or follow a strict diet. You can improve your well-being by adding some simple movement snacks to your daily routine.

Movement snacks are short bursts of activity that you can do throughout the day, such as climbing stairs, doing squats, or stretching. They can help you increase your energy, improve your mood, and enhance your cardiorespiratory fitness.

According to a study by McMasters University, even 20-second intervals of vigorous stair climbing, done three times a day, three days a week, can improve your fitness by 5% in six weeks. That’s a significant benefit for a minimal time investment.

To make movement snacks a habit, you can use a technique called habit stacking, which involves linking a new behavior to an existing one. For example, you can do some push-ups while waiting for your coffee to brew, or some lunges while brushing your teeth. The idea is to make movement a natural part of your day, rather than a chore.

Of course, movement snacks are not a substitute for regular exercise, which is essential for your overall health and wellness. But they can be a great way to supplement your workouts, or to get started on your fitness journey. So why not give them a try and see how they make you feel? You might be surprised by the results.

Labels:

Comments

Post a Comment