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Fixed rates likely to jump as Iran conflict and economic unease continue to push yields higher

After a year of expected rate cuts, forecasters are starting to question how long Canada’s easing cycle will last—and whether rates might start rising again in ... More

Variable rates are set to remain unchanged, while fixed-rate borrowing costs aren't likely to fall anytime soon

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

A growing number of lenders have continued raising pricing in recent weeks, particularly for uninsured terms.

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

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

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.