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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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Tragedy in Colombian Politics: Presidential Hopeful Miguel Uribe Dies After Rally Shooting

 

                                Colombian presidential candidate Miguel Uribe was shot during a campaign rally June 7.


Miguel Uribe Turbay, a prominent Colombian senator and presidential hopeful, has died at age 39, two months after being critically wounded in a shooting at a campaign rally in Bogotá on June 7.

Uribe, a rising figure in the right-wing Democratic Center party, was shot in the head while delivering a speech. Despite undergoing multiple surgeries and showing signs of recovery in July, his condition deteriorated over the weekend due to a hemorrhage in his central nervous system. His wife, María Claudia Tarazona, confirmed his death early Monday, sharing a heartfelt tribute on social media.

The attack, which authorities say was orchestrated by Elder José Arteaga Hernández—alias “Chipi” or “Costeño”—has reignited fears of political violence in Colombia, a country with a history of assassinations targeting presidential candidates during the 1980s and 1990s.

Uribe’s death marks a painful chapter in a family already scarred by violence. His mother, journalist Diana Turbay, was killed in 1991 during a failed rescue mission after being kidnapped by the Medellín Cartel. His maternal grandfather, Julio César Turbay, served as Colombia’s president from 1978 to 1982.

Known for his sharp criticism of President Gustavo Petro’s administration, Uribe had announced his intention to run in the 2026 presidential election. His political career began early—elected to Bogotá’s city council at 25 and later serving as the city’s government secretary. In 2022, he won a Senate seat with the slogan “Colombia First.”

His death has drawn widespread condemnation and mourning across Colombia. Former President Iván Duque called Uribe “an upright and transparent leader” and vowed that the country would not surrender to the criminals responsible.

Uribe leaves behind a wife and children, and a legacy of political courage in the face of adversity.


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