Canada bond yields soar to highest level since July

3/20/2026 | Posted in Mortgages and Real Estate by Jessi Sandhu

Fixed rates likely to jump as Iran conflict and economic unease continue to push yields higher ... More

Tags: Bank of Canada Benchmark Rate, Fixed Rate Mortgages, Interest Rate Forecast, Mortgage Consumers, Mortgage Interest Costs, Mortgage Rate Forecast, Mortgage Rates Canada, Mortgage Renewals, Mortgage Trends

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 borrowers. ... More

Tags: Bank of Canada, Bank of Canada Benchmark Rate, Mortgage Consumers, Mortgage Debt, Mortgage Interest Costs, Mortgage Rate Forecast, Mortgage Rates Canada, Mortgage Trends, Variable Rate Mortgages

Uncertain Bank of Canada path keeps mortgage market in wait‑and‑see mode

2/11/2026 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

Governing Council’s latest hold left the next move wide open for March ... More

Tags: Bank of Canada, Bank of Canada Benchmark Rate, Canada Living, Economic Growth, Interest Rate Forecast, Mortgage Rate Forecast

BoC to stay on hold through 2026 after latest GDP update, economists say

1/30/2026 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

Canada’s economy looked to have stalled heading into year‑end, and that has forecasters leaning harder toward a Bank of Canada rate freeze that could stretch through ... More

Tags: Bank of Canada, Bank of Canada Benchmark Rate, Canada GDP, Canada Inflation Rate, Canada Living, Interest Rate Forecast, Mortgage Rate Forecast

What to expect from Canada's 2026 mortgage renewal wave

12/2/2025 | Posted in Mortgages and Real Estate by Jessi Sandhu

Will Canada see a renewal crisis next year, or can borrowers absorb the shock of higher rates? ... More

Tags: Canada Mortgage and Housing Corporation, Canadian Mortgage Market, Mortgage Consumers, Mortgage Rate Forecast, Mortgage Rates Canada, Mortgage Renewals, Variable Rate Mortgages

Fixed-rate borrowers face up to 20% payment hikes at renewal, BoC warns

7/23/2025 | Posted in Mortgages and Real Estate by Jessi Sandhu

Bank of Canada data shows fixed-rate borrowers face the steepest payment hikes this year and next, but not all mortgage holders are in the same boat ... More

Tags: Canadian Mortgage Market, Fixed Rate Mortgages, Mortgage Consumers, Mortgage Rate Forecast, Mortgage Rates Canada, Mortgage Trends

Mortgage Digest: RBC expects no further BoC rate cuts

7/14/2025 | Posted in Interest Rates by Jessi Sandhu

Canada’s big banks are divided on how much further the Bank of Canada will cut, with RBC now saying the rate has likely bottomed, while others still expect more easing ... More

Tags: Big Six, Interest Rate Forecast, Mortgage Rate Forecast

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. ... More

Tags: Canadian Mortgage Market, Fixed Rate Mortgages, Mortgage Consumers, Mortgage Rate Forecast, Mortgage Rates, Mortgage Trends, Variable Rate Mortgages

Scotiabank now sees three Bank of Canada rate cuts in 2026

4/29/2025 | Posted in Mortgages and Real Estate by Jessi Sandhu

Scotiabank has revised its interest rate forecast, now predicting the Bank of Canada will deliver three cuts in 2026 as the global economy feels the strain of escalating U.S. ... More

Tags: Bank of Canada, Bank of Canada Benchmark Rate, Canada Living, Canadian Banks, Home Buyers, Interest Rate Forecast, Mortgage Rate Forecast, Variable Rate Mortgages

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

Tags: Mortgage Consumers, Mortgage Interest Costs, Mortgage Rate Forecast, Mortgage Rates, Mortgage Rates Canada

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 uncertainty ... More

Tags: Bank of Canada Benchmark Rate, Big Six, Canada Living, Interest Rate Forecast, Mortgage Rate Forecast

Canadian fixed mortgage rates are dropping as U.S. tariffs shake markets

2/3/2025 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

Canada’s 5-year bond yield has fallen to its lowest level since June 2022, following fresh concerns over economic uncertainty and global trade tensions. ... More

Tags: Bank of Canada Benchmark Rate, Fixed Rate Mortgages, Interest Rate Forecast, Mortgage Rate Forecast, Mortgage Rates Canada, Variable Rate Mortgages