rate trends Archives - Mortgage Rates & Mortgage Broker News in Canada

Market experts forecast two more quarter-point rate cuts from the Bank of Canada

February 10, 2025 No Comments

A majority of influential economists and analysts predict the Bank of Canada will lower its policy rate to 2.50% before pausing.

Whiplash in Canada’s bond market signals rate roller-coaster ahead, experts say

January 17, 2025 No Comments

When it comes to predicting mortgage rates, the only thing Canada’s mortgage experts are certain of right now is that nothing is certain.

Rate cut showdown: 25 or 50 bps? Economists split on Bank of Canada’s next move

October 11, 2024 No Comments

Strong employment results for September have tempered Bank of Canada rate cut expectations for later this month.

Weeks of cuts give way to mortgage rate hikes as U.S. job numbers soar

October 7, 2024 No Comments

While everyone has been enjoying some amazing fall weather, the temperature isn’t the only thing heating up.

Canadian bond yields rebound sharply, sending some mortgage rates higher

July 2, 2024 No Comments

After being on a downward path for the past two months, Canadian bond yields have reversed course and are once again on the rise.

Fixed mortgage rates are rising. What’s the deal?

April 18, 2024 1 Comment

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

2023 mortgage market year in review

December 29, 2023 No Comments

As we wrap up a year full of economic twists and turns—and interest rate ups and downs—we wanted to look back at some of the top mortgage-related stories that graced our pages in 2023.

Big banks and lenders slash mortgage rates in time for the holidays

December 21, 2023 2 Comments

Several of Canada’s big banks and numerous other lenders are offering a practical gift for borrowers this holiday season: lower mortgage rates.

Mortgage rates under 5%? They’re coming back as lenders slash fixed rates

December 5, 2023 1 Comment

For the first time since last spring, mortgage shoppers finally have a condition-free sub-5% fixed mortgage rate option.

Carolyn Rogers, senior deputy governor of the Bank of Canada,

“We could see rates stay higher for longer,” Bank of Canada says

November 9, 2023 No Comments

Canadians must prepare themselves for the possibility that interest rates remain “higher for longer,” the Bank of Canada’s Senior Deputy Governor said today.

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