fixed mortgage rates Archives - Mortgage Rates & Mortgage Broker News in Canada

Why Canadian fixed mortgage rates are rising again

May 14, 2025 1 Comment

After briefly dipping below 4%, most five-year fixed mortgage rates at Canada’s major banks are back above the 4% mark, and could stay elevated for the foreseeable future, experts say.

Fixed rates are creeping up—and variable-rate discounts are shrinking too

May 2, 2025 No Comments

Some of the lowest fixed mortgage rates have vanished in recent weeks—and lenders are quietly tightening up their variable-rate discounts too.

Mortgage Digest: Why fixed rates could drop further despite rising bond yields

April 11, 2025 No Comments

Canadian bond yields have swung sharply in recent weeks, adding uncertainty to the outlook for fixed mortgage rates.

Mortgage Digest: Fixed mortgage rates keep falling, but variable-rate pricing is on the rise

March 25, 2025 No Comments

Spring mortgage season is bringing better fixed-rate deals, but not all borrowers are seeing relief. While lenders continue trimming fixed rates, discounts on variable rates are shrinking.

Mortgage rate war heats up as big banks slash rates — “The spring market starts now”: Butler

March 18, 2025 2 Comments

Big banks are slashing mortgage rates in a heated battle for market share as the spring homebuying season kicks off.

Three big banks cut mortgage rates this week, one drops 5-year fixed to 3.99%

March 7, 2025 No Comments

Following dramatic swings in the bond market—and broader economic uncertainty sparked by President Donald Trump’s tariff threats—three of Canada’s big banks have slashed their fixed mortgage rates this week.

A variable-rate mortgage could save borrowers over $6,000 on their next term: BMO

February 24, 2025 2 Comments

Variable mortgage rates are looking increasingly attractive compared to fixed rates, with the potential for significant savings, according to new research from BMO Economics.

Mortgage lenders cutting fixed mortgage rates

Mortgage Digest: 5 big banks cut fixed mortgage rates following bond yield drop

February 14, 2025 No Comments

Mortgage providers nationwide have been gradually lowering their fixed mortgage rates, including five of the country’s Big 6 banks.

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

February 3, 2025 No Comments

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.

Why three big banks raised fixed mortgage rates despite falling bond yields

December 2, 2024 2 Comments

Despite low bond yields, banks and other lenders are continuing to raise rates. We talked to several rate experts to understand why.

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