ryan sims Archives - Mortgage Rates & Mortgage Broker News in Canada

Tariffs, tech, and Tesla: What’s driving the current market chaos

April 7, 2025 No Comments

What a week we saw in the markets. Weeks like this are only rivalled by a few moments in history—the COVID-19 meltdown in 2020, the Global Financial Crisis in 2008, and the tech wreck in 2001.

BMO’s mortgage rule change sends a signal about growing economic risks

March 28, 2025 No Comments

The Bank of Montreal (BMO) caused some panic last week when it announced the tightening of its mortgage requirements for self-employed workers in the steel and aluminum sectors.

Mortgage Digest: Fixed mortgage rates keep falling, but variable-rate pricing is on the rise

March 25, 2025 No Comments

Spring mortgage season is bringing better fixed-rate deals, but not all borrowers are seeing relief. While lenders continue trimming fixed rates, discounts on variable rates are shrinking.

Mortgage rate war heats up as big banks slash rates — “The spring market starts now”: Butler

March 18, 2025 2 Comments

Big banks are slashing mortgage rates in a heated battle for market share as the spring homebuying season kicks off.

Canadian fixed mortgage rates are dropping as U.S. tariffs shake markets

February 3, 2025 No Comments

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.

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.

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.

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.

Trump’s win is already driving mortgage rate hikes in Canada

November 6, 2024 2 Comments

Markets around the globe jolted awake with an unexpected surge following Donald Trump’s U.S. election victory.

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