Fixed mortgage rates continue to rise as bond yields remain elevated

Canadian Mortgage Trends ~ Sept 22nd, 2026 Canada’s 5-year government bond yield held near 3.56% Tuesday after pulling back from its recent peak. The benchmark was trading at 3.557% around midday, little changed from Monday’s close of 3.568%. That leaves it about 11 basis points above its Sept. 8 close, […]

Bank of Canada maintains the policy rate at 2¼%

September 2nd, 2026 The Bank of Canada today held its target for the overnight rate at 2.25%, with the Bank Rate at 2.5% and the deposit rate at 2.20%. The continuing conflict in the Middle East is keeping energy prices high. As well, new US tariffs and Canadian counter-measures have […]

Bank of Canada sees no clear rate path amid tariff and oil risks

Canadian Mortgage Trends ~ May 13th, 2026 Bank of Canada officials discussed a “range of views” on the most likely path for interest rates last month, weighing various possible outcomes of the Iran war and a review of the North American trade agreement. (Bloomberg) — Bank of Canada officials discussed […]

The mortgage tip your lender hopes you ignore

Financial Post ~ May 22nd, 2026 Robert McLister: The best rate isn’t necessarily the lowest borrowing cost, and the lowest number on a screen isn’t always the lowest figure a lender will quote Being a rate guy, two numbers jumped out at me this morning while reading Canada Mortgage and […]

Bank of Canada rethinking inflation framework amid persistent shocks: Rogers

Canadian Mortgage Trends ~ March 26th, 2026 Bank of Canada senior deputy governor Carolyn Rogers was in Brandon, Man., on Thursday speaking to the city’s chamber of commerce about how the bank is grappling with a series of economic shocks. “Canadians have faced a lot of economic upheaval over the […]