Target overnight rate
2.25%
This policy-rate reference influences borrowing conditions and variable-rate expectations, but it is not the same thing as a borrower's mortgage rate.
- Observation date
- October 12, 2026
- Source
- Bank of Canada
Bank of Canada reference data
Official Bank of Canada published figures for education and comparison context. These are reference data points, not lender pricing, quotes, offers, or qualification guidance.
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Target overnight rate
2.25%
This policy-rate reference influences borrowing conditions and variable-rate expectations, but it is not the same thing as a borrower's mortgage rate.
Prime rate
4.45%
Prime is a reference figure often relevant to variable-rate products. Individual terms still depend on lender criteria and qualification.
Conventional mortgage: 1-year
5.49%
This is a published Bank of Canada conventional mortgage reference figure, not a lender quote or rate offer.
Conventional mortgage: 3-year
6.05%
This is a published Bank of Canada conventional mortgage reference figure, not a lender quote or rate offer.
Conventional mortgage: 5-year
6.19%
This is a published Bank of Canada conventional mortgage reference figure, not a lender quote or rate offer.
Historical reference
Source: Bank of Canada
Every public figure on this page comes from Bank of Canada data, either live from the Valet API or from the latest stored snapshot, and is displayed as reference data only. FiestaFlip does not publish lender-specific mortgage rates on this page.