The Bank of Canada announced a policy rate increase on October 28, 2026. That does not mean every existing mortgage payment changes on the same day: the effect depends on loan terms, rate type and renewal timing.
This Guaranti News short looks at cash flow, mortgage contracts and payment planning for homebuyers, renewing borrowers and those considering a switch. It is general information, not individualized financing advice.
The video has Mandarin narration and Simplified Chinese and English subtitles.
Originally published on Guaranti’s YouTube channel.