
Interest Rates
The latest in interest rate movements, developing trends and future rate expectations. We regularly monitor bond yields and the impact on fixed mortgage rates, and well as Bank of Canada guidance and market forecasts on where variable rates are headed.


Getting the lowest mortgage rates in a high interest rate world
Mortgage shopping isn’t getting much easier these days. The highly anticipated interest rate cuts so many have been banking on this year keep getting pushed back, while borrowers lost an aggressive rate advertiser after HSBC Canada was taken over by RBC.

Fixed mortgage rates are rising. What’s the deal?
As variable-rate mortgage holders eagerly anticipate the Bank of Canada’s first rate cut, fixed rates are heading in the other direction: up.

Rate cuts are on the way, but not this week, economists say
Economists expect a more dovish tone from the Bank of Canada when it unveils its interest rate decision on Wednesday.

Latest in mortgage news: 50% of Canadians say high interest rates are negatively impacting their love life
As Cupid readies his arrows for Valentine’s Day, a new survey has uncovered that high interest rates are taking their toll on Canadians’ romantic life

Fixed mortgage rates in Canada resume their decline amid economic volatility
After a short-lived upswing in bond yields last month that nudged some fixed mortgage rates higher, lenders are once again bringing them back down.

Bank of Canada’s rate-cut timing uncertain as economic growth beats expectations
Canada’s economy outperformed growth expectations to end the year, which means the Bank of Canada could feel less pressure to start cutting rates in the near term, economists say.

Bank of Canada sends dovish signals, keeping mid-year rate cut forecasts in play
As was widely anticipated by markets, the Bank of Canada today held its overnight target rate at 5.00%, where it’s been since July.

Rise in bond yields could send fixed mortgage rates higher, experts say
A sudden rise in bond yields this week could cause some lenders to reverse recent fixed mortgage rate cuts, experts say.

Big banks slash mortgage rates this week to reflect lower bond yields in Canada
Nearly all of the country’s big banks slashed their advertised fixed mortgage rates this week, in some cases by as much as 70 basis points (or 0.70%).