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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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Mental Illness: A Comprehensive Overview”


Mental illness is a broad term that refers to a wide range of mental health conditions that affect an individual’s mood, thinking, and behavior. These conditions can be caused by various factors such as genetics, environmental factors, and life experiences. Mental illnesses can range from mild to severe and can affect people of all ages, genders, and backgrounds.

One of the most common types of mental illnesses is depression. Depression is a mood disorder that can cause feelings of sadness, hopelessness, and loss of interest in activities that were once enjoyable. It can also cause physical symptoms such as fatigue, sleep disturbances, and changes in appetite. Depression can be treated with medication, therapy, or a combination of both.

Another common type of mental illness is anxiety. Anxiety disorders are characterized by excessive worry, fear, and nervousness. They can cause physical symptoms such as sweating, trembling, and rapid heartbeat. Anxiety can be treated with medication, therapy, or a combination of both.

Other types of mental illnesses include bipolar disorder, schizophrenia, and personality disorders. Each of these conditions has its own set of symptoms and treatment options.

In conclusion, mental illness is a complex and multifaceted issue that affects millions of people worldwide. It is important to seek help if you or someone you know is struggling with a mental health condition. With proper treatment and support, people with mental illnesses can lead fulfilling and productive lives.


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