1/18/2024 | Posted in Mortgage Interest Rates by Anabela Serra
  SHARE

This week’s rise in bond yields could cause some lenders to reverse recent fixed mortgage rate cuts, experts say.

... More

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

  12/21/2023 | Posted in Mortgage Interest Rates by Anabela Serra
  SHARE

Several of Canada’s big banks and numerous other lenders are offering a practical gift for borrowers this holiday season: lower mortgage rates.

... More

Big banks and lenders slash mortgage rates in time for the holidays

  12/19/2023 | Posted in Mortgage Interest Rates by Anabela Serra
  SHARE

The Bank of Canada could start cutting interest rates next year as long as core inflation comes down as predicted, BNN Television cited Governor Tiff Macklem as saying in an ... More

Bank of Canada could start cutting rates next year, says governor - BNN

  10/4/2023 | Posted in Mortgage Interest Rates by Anabela Serra
  SHARE

Over the past two weeks, yields have risen by over 30 basis points, or 0.30%. Since bond yields typically lead fixed mortgage rate pricing, rates have been steadily on the ... More

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

  9/29/2023 | Posted in Mortgage Interest Rates by Anabela Serra
  SHARE

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.

... More

Latest in mortgage news: Mortgage rates keep surging higher

  9/22/2023 | Posted in Mortgage Interest Rates by Anabela Serra
  SHARE

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.

... More

Fixed mortgage rates expected to surge as bond yields reach 16-year high

  8/23/2023 | Posted in Mortgage Interest Rates by Anabela Serra
  SHARE

Despite interest rates potentially being at or near a peak, borrowers aren’t betting on rate cuts anytime soon.

... More

Fixed rates back as top mortgage product of choice: National Bank

  8/2/2023 | Posted in Mortgage Interest Rates by Anabela Serra
  SHARE

A prolonged period of heightened interest rates will be critical to Canada’s central bank reaching its inflation target, a former Bank of Canada Governor said.

... More

Expect interest rates to remain high until 2025: former BoC governor

  7/24/2023 | Posted in Mortgage Interest Rates by Anabela Serra
  SHARE

The Bank of Canada (BoC) will not raise rates again and will start cutting a little later than previously anticipated, according to a survey of market participants released by ... More

Canadian market participants see rates staying at 5 per cent in 2023: BoC survey

  7/12/2023 | Posted in Mortgage Interest Rates by Anabela Serra
  SHARE

The Bank of Canada today increased its target for the overnight rate to 5%, with the Bank Rate at 5¼% and the deposit rate at 5%. The Bank is also continuing its policy ... More

Bank of Canada raises policy rate 25 basis points, continues quantitative tightening

  6/24/2023 | Posted in Mortgage Interest Rates by Anabela Serra
  SHARE

Mortgage lenders, including most of the big banks, have continued to hike their fixed mortgage rates following the recent surge in Government of Canada bond yields, which are ... More

Another week, another rise in fixed mortgage rates. How high could they go?

  6/16/2023 | Posted in Mortgage Interest Rates by Anabela Serra
  SHARE

Central banks seek sweet spot between fighting inflation and sparking recession

... More

Bank of Canada likely to hike again in July: TD

  6/7/2023 | Posted in Mortgage Interest Rates by Anabela Serra
  SHARE

Variable-rate mortgage holders are in for “more pain” following the Bank of Canada’s half-expected decision to hike interest rates again.

... More

  5/24/2023 | Posted in Mortgage Interest Rates by Anabela Serra
  SHARE

The central bank has kept the policy rate frozen at 4.5% in its two most recent meetings

... More

Further BoC hike may be necessary, says leading economist

  4/5/2020 | Posted in Mortgage Interest Rates by Anabela Serra
  SHARE

Bond yields and central bank rates have never been lower, but not all the savings are filtering down.

... More

Interest rates are plunging - so why aren't mortgage rates?

  3/31/2020 | Posted in Mortgage Interest Rates by Anabela Serra
  SHARE

Canada’s mortgage rates are creeping up even though the country’s central bank has slashed borrowing costs to combat the COVID-19 pandemic.

... More

Mortgage rates are rising in Canada despite virus-relief cuts

  3/4/2020 | Posted in Mortgage Interest Rates by Anabela Serra
  SHARE

The Bank of Canada today lowered its target for the overnight rate by 50 basis points to 1 ¼ percent. The Bank Rate is correspondingly 1 ½ percent and the deposit ... More

Bank of Canada lowers overnight rate target to 1.25 percent

  1/29/2020 | Posted in Mortgage Interest Rates by Anabela Serra
  SHARE

Fixed rate mortgages could go on sale as fears of spreading coronavirus push bond yields down

... More

Fixed rate mortgages could go on sale

  11/29/2019 | Posted in Mortgage Interest Rates by Anabela Serra
  SHARE

Scotiabank now sees the Bank of Canada lowering its benchmark interest rate at the beginning of 2020 instead of at the central bank’s next meeting.

... More

Scotiabank pushes back its Bank of Canada rate cut forecast

  7/18/2019 | Posted in Mortgage Interest Rates by Anabela Serra
  SHARE

Those renewing or about to renew their mortgages can breathe a sigh of relief: The era of higher interest rates appears to have been short-lived.

... More

The era of higher mortgage rates was short-lived

  6/11/2019 | Posted in Mortgage Interest Rates by Anabela Serra
  SHARE

Canadian mortgage rates have already tumbled in recent months and more discounts could be on the way for homebuyers, a according to a new forecast.

... More

More mortgage rate cuts could be coming for Canadian homebuyers

  1/9/2019 | Posted in Mortgage Interest Rates by Anabela Serra
  SHARE

The Bank of Canada left its trend-setting interest rate unchanged at 1.75% on Wednesday as the sharp decline in oil prices temporarily dims its economic outlook for the coming ... More

Bank of Canada announces interest rate decision

  12/14/2018 | Posted in Mortgage Interest Rates by Anabela Serra
  SHARE

Just a few months ago economists were predicting that the Bank of Canada would take a bullish stance on interest rates following its talk of ‘normalization’ of the ... More

Just one interest rate rise in 2019: BCREA

  12/6/2018 | Posted in Mortgage Interest Rates by Anabela Serra
  SHARE

If you’re shopping for a mortgage and believe what the bond market is telling us, it implies your odds of success with a fixed rate may have just changed.

... More

The bond market is now sending a clear signal: Go with a variable-rate mortgage

  11/30/2018 | Posted in Mortgage Interest Rates by Anabela Serra
  SHARE

The Bank of Canada should hold pat on interest rates until the spring according to The C.D. Howe Institute's Monetary Policy Council.

... More

No rate rise at least February suggests C.D. Howe Institute

  11/7/2018 | Posted in Mortgage Interest Rates by Anabela Serra
  SHARE

Bank of Canada governor Stephen Poloz says the eventual destination range for his key interest rate target — estimated by his team at between 2.5 and ... More

Landing zone for rising interest rates 'sufficiently uncertain': Poloz

  10/5/2018 | Posted in Mortgage Interest Rates by Anabela Serra
  SHARE

Homeowners could be facing two interest rate rises in the coming months according to an updated forecast by CIBC.

... More

Expect two rate rises in the next 3 months

  10/2/2018 | Posted in Mortgage Interest Rates by Anabela Serra
  SHARE

The new North American trade deal struck on Sunday may open the door for the Bank of Canada to pick up the pace of interest rates hikes, according to economists at some of the ... More

Pace of interest rate hikes seen picking up with trade deal in hand

  9/24/2018 | Posted in Mortgage Interest Rates by Anabela Serra
  SHARE

The world's biggest central bank is expected to raise rates this week - and then keep raising them

... More

Canadian borrowers will feel this week's U.S. interest rate hike

  9/5/2018 | Posted in Mortgage Interest Rates by Anabela Serra
  SHARE

The Bank of Canada (BoC) kept its trend-setting interest rate steady at 1.5 per cent on Wednesday but appeared to keep the door open to a possible rate hike at its ... More

Bank of Canada holds interest rates steady, but October hike looms
Ask Anabela Serra

Thinking of buying or selling a property, or have a question regarding the real estate market? Fill out the form below and I'll get back to you promptly.