Mortgage Rate Updates

As expected after last weekend’s bond yield hike of 30 basis points, fixed mortgage rates started to climb up early in the week (See Monday mortgage update July 4). Once again, RBC led the pack by … Read More

For the fourth consecutive week, Canada’s mortgage rates have not budged. However, a turning point for the mortgage market occurred last week when 5-year Government of Canada bond yields hiked up by 30 basis points. It … Read More

Since last week’s Monday Mortgage Update, the lowest 5-year fixed rate has dropped to 3.49%. However, for the most part, both fixed and variable mortgage rates in Canada have remained at the same low levels this … Read More

Since last week’s Monday Mortgage Update, both fixed and variable mortgage rates have remained unchanged in Canada. However, behind this untouched façade, there have been some fluctuations in Government of Canada bond yields, which dictate the … Read More

After an exciting two weeks of significant rate-dropping, mortgage rates seem to have reached a temporary plateau.  All major banks and most financial institutions have kept both fixed and variable mortgage rates unchanged this week. However, … Read More

The mortgage market has seen a significant amount of activity in recent weeks and this past week has been no exception. Mortgage rates have once again decreased across most lenders since our last Mortgage Monday Update. … Read More