Jessi Sandhu - Your Brampton Real Estate Agent
Mortgage Interest Rates News and Articles | My Blog
mortgage-button-248.jpg - Real Estate News

Bond yields surge to new heights, mortgage rates expected to jump another 20 bps

10/4/2023 | Posted in Mortgage Interest Rates by Jessi Sandhu

Over the past two weeks, yields have risen by over 30 basis points, or 0.30%. Since bond yields typically lead fixed mortgage rate pricing, rates have been steadily on the ... More


market-reports-on-business-271.jpg - Real Estate News

Latest in mortgage news: Mortgage rates keep surging higher

9/29/2023 | Posted in Mortgage Interest Rates by Jessi Sandhu

Mortgage providers across the country have been busy raising rates over the past week, and it could continue next week with as bond yields continue to rise.

... More


home-purchase-contract-441.jpg - Real Estate News

Fixed mortgage rates expected to surge as bond yields reach 16-year high

9/22/2023 | Posted in Mortgage Interest Rates by Jessi Sandhu

Fixed mortgage rates could surge higher in the coming week after Government of Canada bond yields—which lead fixed mortgage rates—shot up to a 16-year-high.

... More


mortgage-rates---interest-rates-48.jpg - Real Estate News

Fixed rates back as top mortgage product of choice: National Bank

8/23/2023 | Posted in Mortgage Interest Rates by Jessi Sandhu

Despite interest rates potentially being at or near a peak, borrowers aren’t betting on rate cuts anytime soon.

... More


mortgage-application-form-247.jpg - Real Estate News

Expect interest rates to remain high until 2025: former BoC governor

8/2/2023 | Posted in Mortgage Interest Rates by Jessi Sandhu

A prolonged period of heightened interest rates will be critical to Canada’s central bank reaching its inflation target, a former Bank of Canada Governor said.

... More


mortgage-rates---interest-rates-48.jpg - Real Estate News

Canadian market participants see rates staying at 5 per cent in 2023: BoC survey

7/24/2023 | Posted in Mortgage Interest Rates by Jessi Sandhu

The Bank of Canada (BoC) will not raise rates again and will start cutting a little later than previously anticipated, according to a survey of market participants released by ... More


bank-of-canada-84.jpg - Real Estate News

Bank of Canada raises policy rate 25 basis points, continues quantitative tightening

7/12/2023 | Posted in Mortgage Interest Rates by Jessi Sandhu

The Bank of Canada today increased its target for the overnight rate to 5%, with the Bank Rate at 5¼% and the deposit rate at 5%. The Bank is also continuing its policy ... More


mortgage-application-form-247.jpg - Real Estate News

Another week, another rise in fixed mortgage rates. How high could they go?

6/24/2023 | Posted in Mortgage Interest Rates by Jessi Sandhu

Mortgage lenders, including most of the big banks, have continued to hike their fixed mortgage rates following the recent surge in Government of Canada bond yields, which are ... More


Bank-of-Canada-4.jpg - Real Estate News

Bank of Canada likely to hike again in July: TD

6/16/2023 | Posted in Mortgage Interest Rates by Jessi Sandhu

Central banks seek sweet spot between fighting inflation and sparking recession

... More


Bank-of-Canada-4.jpg - Real Estate News

"More pain" for variable-rate mortgage holders as the BoC hikes rates

6/7/2023 | Posted in Mortgage Interest Rates by Jessi Sandhu

Variable-rate mortgage holders are in for “more pain” following the Bank of Canada’s half-expected decision to hike interest rates again.

... More


mortgage-rates---interest-rates-48.jpg - Real Estate News

Further BoC hike may be necessary, says leading economist

5/24/2023 | Posted in Mortgage Interest Rates by Jessi Sandhu

The central bank has kept the policy rate frozen at 4.5% in its two most recent meetings

... More


mortgage-cloud-44.jpg - Real Estate News

Interest rates are plunging - so why aren't mortgage rates?

4/5/2020 | Posted in Mortgage Interest Rates by Jessi Sandhu

Bond yields and central bank rates have never been lower, but not all the savings are filtering down.

... More


mortgage-button-248.jpg - Real Estate News

Mortgage rates are rising in Canada despite virus-relief cuts

3/31/2020 | Posted in Mortgage Interest Rates by Jessi Sandhu

Canada’s mortgage rates are creeping up even though the country’s central bank has slashed borrowing costs to combat the COVID-19 pandemic.

... More


bank-of-canada-84.jpg - Real Estate News

Bank of Canada lowers overnight rate target to 1.25 percent

3/4/2020 | Posted in Mortgage Interest Rates by Jessi Sandhu

The Bank of Canada today lowered its target for the overnight rate by 50 basis points to 1 ¼ percent. The Bank Rate is correspondingly 1 ½ percent and the deposit ... More


mortgage-button-248.jpg - Real Estate News

Fixed rate mortgages could go on sale

1/29/2020 | Posted in Mortgage Interest Rates by Jessi Sandhu

Fixed rate mortgages could go on sale as fears of spreading coronavirus push bond yields down

... More


mortgage-cloud-44.jpg - Real Estate News

Scotiabank pushes back its Bank of Canada rate cut forecast

11/29/2019 | Posted in Mortgage Interest Rates by Jessi Sandhu

Scotiabank now sees the Bank of Canada lowering its benchmark interest rate at the beginning of 2020 instead of at the central bank’s next meeting.

... More


mortgage-button-248.jpg - Real Estate News

The era of higher mortgage rates was short-lived

7/18/2019 | Posted in Mortgage Interest Rates by Jessi Sandhu

Those renewing or about to renew their mortgages can breathe a sigh of relief: The era of higher interest rates appears to have been short-lived.

... More


mortgage-button-248.jpg - Real Estate News

More mortgage rate cuts could be coming for Canadian homebuyers

6/11/2019 | Posted in Mortgage Interest Rates by Jessi Sandhu

Canadian mortgage rates have already tumbled in recent months and more discounts could be on the way for homebuyers, a according to a new forecast.

... More


bank-of-canada-84.jpg - Real Estate News

Bank of Canada announces interest rate decision

1/9/2019 | Posted in Mortgage Interest Rates by Jessi Sandhu

The Bank of Canada left its trend-setting interest rate unchanged at 1.75% on Wednesday as the sharp decline in oil prices temporarily dims its economic outlook for the coming ... More


calculator--analysis--reporting-128.jpg - Real Estate News

Just one interest rate rise in 2019: BCREA

12/14/2018 | Posted in Mortgage Interest Rates by Jessi Sandhu

Just a few months ago economists were predicting that the Bank of Canada would take a bullish stance on interest rates following its talk of ‘normalization’ of the ... More


At Your Service

Thinking of buying or selling a property, or have a question regarding the real estate market? Fill out the form below and we'll get back to you promptly.

Security Question: 7 + 5 =