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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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Trump Calls for Netanyahu Pardon Amid Corruption Trial

President Donald Trump talks with Israel's Prime Minister Benjamin Netanyahu at the Knesset, on October 13, 2025, in Jerusalem.

Former U.S. President Donald Trump has publicly urged Israeli President Isaac Herzog to pardon Prime Minister Benjamin Netanyahu, who is currently facing a corruption trial. Trump’s remarks, delivered during a recent interview, framed Netanyahu as a “great leader” and suggested that Israel should move past the legal proceedings to focus on national unity and security.

Netanyahu has been on trial since 2020, facing charges of bribery, fraud, and breach of trust. He denies all allegations, claiming the case is politically motivated. The trial has deeply divided Israeli society, with supporters viewing him as a victim of judicial overreach, while critics argue that accountability is essential for democracy.

Trump’s intervention adds an international dimension to the controversy, highlighting his continued influence in global politics and his longstanding alliance with Netanyahu. Whether Herzog will consider such a pardon remains uncertain, as the case continues to unfold in Israel’s courts.


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