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The Fed Just Hiked Rates. Here's What It Means for Your Canadian Mortgage.

  The U.S. Federal Reserve raised its benchmark rate 25 basis points yesterday — the first hike in three years. The Bank of Canada hasn't moved. That gap is now the biggest story in Canadian personal finance. MoneySavings.ca  |  September 17, 2026  |  Canadian Money Brief Yesterday afternoon, the Federal Open Market Committee voted 12-0 to raise the U.S. federal funds rate by a quarter point, pushing it to a target range of 3.75%–4.00%. It's the Fed's first rate hike since July 2023, and Chair Kevin Warsh made clear it almost certainly won't be the last. The Bank of Canada, by contrast, has held its overnight rate at 2.25% through seven straight meetings. It doesn't decide again until October 28. For Canadians with a mortgage, a renewal coming up, or a home equity line of credit, this matters more than it might look at first glance. 3.75–4.00% New U.S. Fed Rate 2.25% Bank of Canada Rate 1.625% Rate Gap (vs. 1.375% yesterday) ~71.5¢ Loonie (post-hike low) What th...
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How to Avoid Home Fever When Working Remotely

 

Working from home can offer many benefits, such as more flexibility, productivity, and independence. However, it can also pose some challenges, such as isolation, anxiety, and lack of motivation. These negative symptoms can lead to what researchers call “home fever”, a state of feeling restless and unhappy when confined to one’s home for long periods of time.

A recent study by Carleton University found that some remote workers who moved away from their cities during the pandemic experienced home fever, as they lost their social connections and felt out of the loop. The study highlighted the importance of developing healthy routines and strategies to cope with the downsides of remote work, especially for those who had to relocate due to the housing affordability crisis.

Some of the tips to prevent or overcome home fever include:

  • Creating a schedule: Planning your day and prioritizing your tasks can help you manage your time and stay focused. You can also use time management tools, such as time boxing, to allocate specific time slots for each activity.
  • Setting boundaries: Having a dedicated space for work can help you separate your professional and personal life. You should also communicate your availability and expectations to your boss, co-workers, and family members, and avoid working outside your regular hours.
  • Staying connected: Maintaining social interaction is crucial for your mental health and well-being. You can use online platforms, such as video calls, chats, and forums, to keep in touch with your colleagues, friends, and relatives. You can also join online communities and groups that share your interests and hobbies.
  • Taking breaks: Working from home can make you feel overwhelmed and burned out. You should take regular breaks throughout the day to relax and recharge. You can also engage in physical activities, such as walking, jogging, or yoga, to boost your energy and mood.

Please note that remote work can have both positive and negative effects on one’s well-being, and it’s important to find a balance that works for you. By following these tips, you can avoid home fever and enjoy the benefits of remote work without sacrificing your mental health.

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