Variable rates are cheaper than fixed. Canadians still aren't biting.

6/24/2026 | Posted in Mortgage Interest Rates by Jessi Sandhu

This new data explains why – and the psychology affecting it ... More

Tags: First Time Home Buyers, Home Buyers, Mortgage Consumers, Mortgage Debt, Mortgage Interest Costs, Mortgage Rate Forecast, Mortgage Rates Canada, Mortgage Refinancing, Mortgage Renewals, Mortgage Trends

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

BoC preview: Here's what to expect from this week's central bank decision

3/17/2026 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

Markets and industry pros brace for another pivotal call on rates this Wednesday. ... More

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

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

Mortgage debt soars while starter homes get out of reach for many Canadians

2/24/2026 | Posted in Canada Living by Jessi Sandhu

Canadians took on more mortgage debt last year, with the total debt hovering close to $2 trillion in 2025, a report by Equifax Canada shows. ... More

Tags: Canada Living, Mortgage Arrears, Mortgage Consumers, Mortgage Debt, Mortgage Delinquency, Mortgage Interest Costs, Mortgage Rates Canada, Mortgage Renewals

Bank of Canada likely done with rate cuts, says BMO

1/5/2026 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

The Bank of Canada appears to have reached the end of its cutting cycle as 2025 drew to a close, a shift that carries clear implications for mortgage borrowers heading into 2026. ... More

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

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

Budget may push Bank of Canada toward further rate cuts

11/5/2025 | Posted in Government and Regulation by Jessi Sandhu

The federal government’s latest budget may prove too restrained to lift Canada’s slowing economy, potentially leaving the Bank of Canada with little choice but to ... More

Tags: Bank of Canada, Bank of Canada Benchmark Rate, Canada Living, Canadian Housing Market, Government of Canada, Mortgage Rates Canada

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

60% of Canadians renewing mortgages could see payments go up by 2026

7/17/2025 | Posted in Mortgages and Real Estate by Jessi Sandhu

Most Canadian mortgage holders renewing their mortgages in 2025 or 2026 are likely to see an increase in their monthly payments, a recent report by the Bank of Canada says. ... More

Tags: Canadian Mortgage Market, Mortgage Consumers, Mortgage Rates Canada, Mortgage Renewals

BoC to look for stronger signals before cutting rates as inflation holds steady

6/24/2025 | Posted in Canada Living by Jessi Sandhu

Economists weigh in on whether a summer rate cut could be on the table after latest inflation figures ... More

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

Interest rate cuts may be over, says RBC

6/17/2025 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

New report challenges expectations for further rate reductions ... More

Tags: Bank of Canada, Bank of Canada Benchmark Rate, Canada Living, Interest Rates, Mortgage Rates Canada

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

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