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ircc

IRCC update — 5.57% from Q2 2026 (applies Oct–Dec 2026)

BNR set the quarterly IRCC at 5.57% from Q2 2026 daily rates; it applies 1 October–31 December 2026 for aligned variable RON loans.

BNR published a quarterly IRCC of 5.57% calculated from daily indices in Q2 2026. For loans whose review cycle aligns, that figure applies 1 October–31 December 2026. Confirm the live value on BNR or your lender — do not rely on a blog date alone.

What “Q2 2026” means here

The label is the calculation period (April–June 2026 daily IRCC averages), not the calendar quarter when you pay. The applied window for this print is Q4 2026. The prior quarterly value often cited for July–September 2026 was 5.56% (from Q1 2026).

What to do with your mortgage

  1. Check whether your contract already applies the October IRCC or still uses an earlier review date.
  2. Note your fixed margin; only IRCC moves in the usual IRCC + margin formula.
  3. Re-estimate the installment with 5.57% before you rearrange the rest of the budget.

Try it: model balance, term, IRCC, and margin in the Mortgage Payment Calculator.

Educational only — not lending or investment advice.