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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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Prince Harry Wins 'Monumental' Legal Battle Against Murdoch's Sun

 


In a landmark victory, Prince Harry has won a significant legal battle against Rupert Murdoch's UK newspaper group, News Group Newspapers (NGN). The publisher admitted to unlawful actions at its Sun tabloid and issued a rare, full apology to the Duke of Sussex.

Harry, 40, had been suing NGN for illegally obtaining private information about him from 1996 until 2011. The settlement includes substantial damages and an admission of intrusion into the private lives of both Harry and his late mother, Princess Diana.

"This victory is not just about me, it's about holding those who abuse their power to account," Harry said in a statement. "The truth has finally been acknowledged, and justice has been served."

The apology from NGN marks a significant moment in the ongoing battle against unlawful media practices. Harry's lawyer, David Sherborne, emphasized that this case was about accountability and truth, rather than monetary compensation.

The settlement comes after last-minute talks, averting a trial that was set to begin earlier this week. Harry's co-claimant, former senior British lawmaker Tom Watson, also received an apology and damages.

Harry's mission to expose and rectify the wrongdoings of the British tabloids has resulted in a historic win, setting a precedent for future cases involving media misconduct.



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