Bank of Canada signals rates could rise even in a slowdown
3/2/2026 | Posted in Mortgage Interest Rates by Jessi Sandhu
The Bank of Canada opened the door to future rate hikes even in a soft economy, a message that underscores just how uncertain the path ahead remains for mortgage ... More
Bank of Canada reveals latest rate decision as tariff turmoil rages on
7/30/2025 | Posted in Mortgage Interest Rates by Jessi Sandhu
The central bank faced a tough call amid rising inflation and continuing trade chaos
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Fixed mortgage rates rise as lenders retreat from aggressive pricing
6/4/2025 | Posted in Mortgage Interest Rates by Jessi Sandhu
A growing number of lenders have continued raising pricing in recent weeks, particularly for uninsured terms.
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Fixed rates are creeping up - and variable-rate discounts are shrinking too
5/2/2025 | Posted in Mortgage Interest Rates by Jessi Sandhu
Some of the lowest fixed mortgage rates have vanished in recent weeks, and lenders are quietly tightening up their variable-rate discounts too.
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Fixed mortgage rates are falling, but variable rates remain stubbornly high
4/5/2025 | Posted in Mortgage Interest Rates by Jessi Sandhu
In an unusual twist in Canada's mortgage market, fixed mortgage rates are on a downward trajectory while variable-rate pricing is tightening. This divergence presents both ... More
Economists react to the Bank of Canada's 25-bps rate cut: What's next for rates?
3/12/2025 | Posted in Mortgage Interest Rates by Jessi Sandhu
The Bank of Canada cut its overnight rate by 25 basis points to 2.75%, its seventh straight cut. While expected, the move comes as the Bank tries to navigate economic ... More
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