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Insights
Short answers to the questions investors and home buyers ask, written from our live market, rates and housing data. Each article shows the numbers behind it.
October 25, 2026
Income Needed for a $1 Million Mortgage in Canada
A $1,000,000 mortgage at 6.19% needs $260,900 in yearly income on our calculator, as of October 25, 2026. See the stress test and the steps.
October 25, 2026
Bank of Canada Interest Rate Now: 2.25% and Next Decision Date
The Bank of Canada policy rate is 2.25% as of October 25, 2026. See the next decision date and the key figures around the rate.