interest rates Archives - Page 2 of 13 - Mortgage Rates & Mortgage Broker News in Canada

A by-the-numbers look back at Canadian finance in 2024

December 29, 2024 No Comments

The big questions in Canadian finance heading into 2024 were whether the economy could avoid a recession and what would happen with interest rates.

Fed minutes spark market turmoil: Making sense of it and why Canadian mortgage rates are likely to rise

December 18, 2024 3 Comments

I thought it would be really hard to top Monday’s chaotic events in Parliament, but it looks like I was wrong. Today at 2 p.m.,

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.

Bank of Canada policy rate forecast 1.75 percent

Why one analyst thinks the Bank of Canada will be forced to cut its policy rate to 1.75%

November 25, 2024 No Comments

The Bank of Canada may be forced to continue lowering its policy rate more than markets are currently anticipating, with this easing cycle stretching into the second half of 2025.

Higher bond yields to push up fixed mortgage rates

Experts predict Canadian mortgage rates will rise next week following latest surge in bond yields

November 21, 2024 No Comments

In just two months, Canadian bond yields have surged by over 61 basis points (0.61 percentage points), with a jump of roughly 17 bps in the past week.

Fixed mortgage rates may not follow Bank of Canada cuts, former TD economist warns

November 11, 2024 3 Comments

While plenty of consumers believe the Bank of Canada’s steady interest rate cuts will drop mortgage rates meaningfully across the board, economist Don Drummond isn’t so sure that prediction applies to fixed rate mortgages.

What the Bank of Canada’s 50-bps rate cut means for borrowers

October 23, 2024 No Comments

Variable-rate borrowers can breathe a little easier with today’s latest rate reduction.

Variable mortgage rates regaining traction as Bank of Canada cuts rates

September 5, 2024 No Comments

The decision by the Bank of Canada to cut its key interest rate target this week was good news for borrowers with variable-rate mortgages, bringing back some of the shine for the once popular loans.

Interest rate cut welcome news for homeowners with variable-rate mortgages: experts

September 4, 2024 1 Comment

Real estate experts say the Bank of Canada’s third consecutive interest rate cut is welcome news for variable-rate mortgage holders, but it could still be some time before significant demand returns to the market.

Weekly mortgage digest: Which big banks just dropped fixed rates?

July 10, 2024 No Comments

After a spike in bond yields last week prompted some mortgage lenders to increase certain rates, fixed mortgage rates are again trending downward.

interest rates