rising fixed mortgage rates Archives - Mortgage Rates & Mortgage Broker News in Canada

Rise in bond yields could send fixed mortgage rates higher, experts say

January 18, 2024 No Comments

A sudden rise in bond yields this week could cause some lenders to reverse recent fixed mortgage rate cuts, experts say.

What rising inflation means for Bank of Canada rate hikes

Bond yields surge to new heights, mortgage rates expected to jump another 20 bps

October 4, 2023 No Comments

On Tuesday, the Government of Canada 5-year bond yield jumped to an intraday high of 4.46% before retreating somewhat to 4.42%. Over the past two weeks, yields have risen by over 40 basis points, or 0.40%.

Latest in mortgage news: Mortgage rates keep surging higher

September 28, 2023 No Comments

Mortgage providers across the country have been busy raising rates over the past week, and it could continue next week with as bond yields continue to rise.

Fixed mortgage rates expected to surge as bond yields reach 15-year high

September 22, 2023 2 Comments

Fixed mortgage rates could surge higher in the coming week after Government of Canada bond yields—which lead fixed mortgage rates—shot up to a 16-year-high.

Fixed mortgage rates surge higher as bond yields break above 4%

August 18, 2023 No Comments

Bond yields broke through a key resistance point this week, leading to a fresh round of fixed mortgage rate increases.

Latest in Mortgage News: Are fixed mortgage rates about to take another leg higher?

August 3, 2023 No Comments

There’s speculation that fixed mortgage rates, which have continued to trend higher over the past several weeks, are set to rise even further.

Fixed mortgage rates rise as bond yields near 4 percent

Fixed mortgage rates keep rising, and could continue as bond yields near 4%

July 7, 2023 No Comments

Bond yields ended the week higher, flirting with a key technical level of 4% following the release of overall strong employment data in both Canada and the U.S.

The latest in mortgage news: Fixed rates continued to climb this week

June 30, 2023 No Comments

While the pace of fixed-rate increases has slowed, lenders continued to bump mortgage rates higher this week, including three of the big banks.

Fixed mortgage rates continue to rise in 2023

Fixed mortgage rates surge again, pushing rates under 5% to the brink

June 15, 2023 No Comments

Fixed mortgage rates are once again on the rise, with rates under 5% quickly becoming a distant memory.

RBC and NBC are the latest big banks to hike fixed mortgage rates

June 2, 2023 No Comments

RBC and National Bank became the latest Big 6 banks to increase their posted fixed rates this week, following previous increases by BMO and CIBC.

rising fixed mortgage rates