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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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Yahya Sinwar: From Militant to Hamas Leader

 

Yahya Sinwar, the mastermind behind the October 7 attacks on Israel, has been announced as the new leader of the militant group Hamas . Here are some key points about Sinwar:

  1. Background and Early Life:

    • Born in 1962 in a refugee camp in Gaza’s Khan Younis, Sinwar was an early member of Hamas, which formed in 1987.
    • He led the group’s security arm, working to eliminate spies for Israel.
    • His ruthless reputation earned him the nickname “The Butcher of Khan Younis.”

  2. Imprisonment and Release:

    • Israel arrested Sinwar in the late 1980s, and he admitted to killing 12 suspected collaborators.
    • He was sentenced to four life terms, but in 2011, Prime Minister Benjamin Netanyahu released him in exchange for an Israeli soldier captured by Hamas.

  3. Rise to Power in Gaza:

    • Back in Gaza, Sinwar quickly climbed Hamas’ leadership ranks.
    • He orchestrated the 2016 killing of another top Hamas commander, Mahmoud Ishtewi, in an internal power struggle.
    • Sinwar became head of Hamas in Gaza, aligning the group with Iran and building its military capabilities.

  4. The October 7 Attack:

    • Sinwar, along with Mohammed Deif (head of Hamas’ armed wing), engineered the surprise attack on Israel.
    • The attack killed about 1,200 Israelis (mostly civilians) and sparked a war that claimed nearly 40,000 Palestinian lives in Gaza .

  5. Challenges Ahead:

    • Sinwar has been in hiding since the attack, making day-to-day operations challenging for Hamas .
    • As the new leader, he faces complex geopolitical dynamics and the ongoing Israeli-Palestinian conflict.

In summary, Yahya Sinwar’s journey from a refugee camp to Hamas leader reflects both resilience and ruthlessness, shaping the group’s future under his leadership.

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