The best 5-year variable mortgage rates in Canada + MORE May 1st

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Mortgages

The best 5-year fixed mortgage rates in Canada
You’re 2 minutes away from getting the best mortgage rates in Canada. Just answer a few quick questions to get a personalized rate quote.

I’m buying a home*

I’m renewing/refinancing*

You will be leaving MoneySense. Just close the tab to return.

To compare rate types and terms, click on the filters icon beside the down payment percentage.

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Why trust us
MoneySense is an award-winning magazine, helping Canadians navigate money matters since 1999. Our editorial team of trained journalists works closely with leading personal finance experts in Canada. To help you find the best financial products, we compare the offerings from over 12 major institutions, including banks, credit unions and card issuers. Learn more about our advertising and trusted partners.

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Canadian cannabis stocks soared Tuesday afternoon after The Associated Press reported the U.S. Drug Enforcement Agency will move to reclassify marijuana as a less dangerous drug.

Canopy Growth Corp. surged 49% after the announcement, while Aurora Cannabis Inc. and Tilray Brands Inc. soared 32% and 39%, respectively.

The Associated Press, citing five sources familiar with the matter, reported the DEA’s proposal would recognize the medical uses of cannabis and acknowledge it has less potential for abuse than other, more dangerous drugs.

However, it would not legalize marijuana for recreational use.

Currently, marijuana is listed as a Schedule I drug in the U.S., alongside heroin and LSD, but would be reclassified as a Schedule III drug, alongside ketamine and some anabolic steroids.

The reclassification of the drug in the U.S. could lessen risks for cannabis companies that operate south of the border and potentially improve investor appetite for cannabis stocks.

Companies in this story: (TSX:TLRY, TSX:ACB, TSX:WEED)

It pays to know! Get FREE MoneySense financial tips, news & advice in your inbox…

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Mortgages

The best 5-year variable mortgage rates in Canada
You’re 2 minutes away from getting the best mortgage rates in Canada. Just answer a few quick questions to get a personalized rate quote.

I'm buying a home*

I'm renewing/refinancing*

You will be leaving MoneySense. Just close the tab to return.

To compare rate types and terms, click on the filters icon beside the down payment percentage.

powered by

Why trust us

MoneySense is an award-winning magazine, helping Canadians navigate money matters since 1999. Our editorial team of trained journalists works closely with leading personal finance experts in Canada. To help you find the best financial products, we compare the offerings from over 12 major institutions, including banks, credit unions and card issuers. Learn more about our advertising and trusted partners.

googletag…

Continue Reading On moneysense.ca »

Mortgage renewal calculator

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Is an upcoming mortgage renewal stressing you out? A recent survey by real estate brokerage Zolo found that just 3% of home owners “never worry” about being able to afford their mortgage when it comes time to renew. The rest aren’t so fortunate, with 79% of Canadians worrying about this sometimes, often or all the time.

It may hearten you to know that you likely have options. When it’s time to renew your mortgage, you can either stay with your current lender or shop around for a new one that offers a lower interest rate or different terms. Using a mortgage renewal calculator can help you compare mortgage offers and pick the best one available at the time of renewal. 

You’re 2 minutes away from getting the best mortgage rates in CanadaAnswer a few quick questions to get a personalized rate quote*I’m buying a homeI’m renewing/refinancingYou will be leaving MoneySense. Just close the tab to return.

Using a renewal calculator is one of the easiest ways to determine if your current mortgage is working for you or if it’s time to find one that better suits your needs…

Continue Reading On moneysense.ca »

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