
mortgage rate increases


Bond yields are back on the rise. Will fixed mortgage rates follow?
July 25, 2023
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Bond yields are back on the rise this week, which observers say could keep upward pressure on fixed mortgage rates if the trend continues.

Fixed mortgage rates surge again, pushing rates under 5% to the brink
June 15, 2023
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Fixed mortgage rates are once again on the rise, with rates under 5% quickly becoming a distant memory.

Variable-rate borrowers brace for higher mortgage payments as prime rate reaches 22-year high
June 9, 2023
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Variable-rate borrowers will see their interest cost on their next mortgage payment rise as banks and other financial institutions have lifted their prime rates to a 22-year high of 6.95%.

High interest rates have borrowers anxious about their mortgage renewal. What can they do?
May 12, 2023
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After a series of rate hikes, many of Canada’s variable rate mortgage holders are feeling the pain, and fixed-rate borrowers aren’t faring much better.

Fixed mortgage rates expected to rise this week
October 21, 2022
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Fixed mortgage rates are expected to take another step up next week, pushing some 5-year fixed mortgages into 6% territory.
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