Bank of Canada signals rates could rise even in a slowdown

3/2/2026 | Posted in Mortgage Interest Rates by Jessi Sandhu

The Bank of Canada opened the door to future rate hikes even in a soft economy, a message that underscores just how uncertain the path ahead remains for mortgage borrowers. ... More

Tags: Bank of Canada, Bank of Canada Benchmark Rate, Mortgage Consumers, Mortgage Debt, Mortgage Interest Costs, Mortgage Rate Forecast, Mortgage Rates Canada, Mortgage Trends, Variable Rate Mortgages

Variable-rate mortgages regain popularity as Morningstar flags rising risks

2/1/2026 | Posted in Mortgages and Real Estate by Jessi Sandhu

Morningstar DBRS says mortgage portfolios should hold up in 2026 despite a soft housing market, while warning that rising variable-rate use and Alt-A exposure are key areas to ... More

Tags: Bank of Canada Benchmark Rate, Canada Living, Canada Real Estate, Canadian Banks, Mortgage Renewals, Variable Rate Mortgages

Bank of Canada likely done with rate cuts, says BMO

1/5/2026 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

The Bank of Canada appears to have reached the end of its cutting cycle as 2025 drew to a close, a shift that carries clear implications for mortgage borrowers heading into 2026. ... More

Tags: Bank of Canada, Bank of Canada Benchmark Rate, Interest Rates, Mortgage Rates Canada, Variable Rate Mortgages

What to expect from Canada's 2026 mortgage renewal wave

12/2/2025 | Posted in Mortgages and Real Estate by Jessi Sandhu

Will Canada see a renewal crisis next year, or can borrowers absorb the shock of higher rates? ... More

Tags: Canada Mortgage and Housing Corporation, Canadian Mortgage Market, Mortgage Consumers, Mortgage Rate Forecast, Mortgage Rates Canada, Mortgage Renewals, Variable Rate Mortgages

Canada's big banks diverge on 2026 rate forecasts as easing cycle nears its end

10/17/2025 | Posted in Interest Rates by Jessi Sandhu

After a year of expected rate cuts, forecasters are starting to question how long Canada’s easing cycle will last—and whether rates might start rising again in 2026. ... More

Tags: Bank of Canada, Bank of Canada Benchmark Rate, Big Six, Fixed Rate Mortgages, Interest Rate Forecast, Interest Rates, Variable Rate Mortgages

Latest central bank decision sees no relief for mortgage borrowers

7/31/2025 | Posted in Interest Rates by Jessi Sandhu

Variable rates are set to remain unchanged, while fixed-rate borrowing costs aren't likely to fall anytime soon ... More

Tags: Bank of Canada, Bank of Canada Benchmark Rate, Fixed Rate Mortgages, Interest Rate Forecast, Interest Rates, Mortgage Consumers, Mortgage Interest Costs, Mortgage Trends, Variable Rate Mortgages

Fixed mortgage rates rise as lenders retreat from aggressive pricing

6/4/2025 | Posted in Mortgage Interest Rates by Jessi Sandhu

A growing number of lenders have continued raising pricing in recent weeks, particularly for uninsured terms. ... More

Tags: Canadian Mortgage Market, Fixed Rate Mortgages, Mortgage Consumers, Uninsured Mortgages, Variable Rate Mortgages

Fixed rates are creeping up - and variable-rate discounts are shrinking too

5/2/2025 | Posted in Mortgage Interest Rates by Jessi Sandhu

Some of the lowest fixed mortgage rates have vanished in recent weeks, and lenders are quietly tightening up their variable-rate discounts too. ... More

Tags: Canadian Mortgage Market, Fixed Rate Mortgages, Mortgage Consumers, Mortgage Rate Forecast, Mortgage Rates, Mortgage Trends, Variable Rate Mortgages

Scotiabank now sees three Bank of Canada rate cuts in 2026

4/29/2025 | Posted in Mortgages and Real Estate by Jessi Sandhu

Scotiabank has revised its interest rate forecast, now predicting the Bank of Canada will deliver three cuts in 2026 as the global economy feels the strain of escalating U.S. ... More

Tags: Bank of Canada, Bank of Canada Benchmark Rate, Canada Living, Canadian Banks, Home Buyers, Interest Rate Forecast, Mortgage Rate Forecast, Variable Rate Mortgages

BoC holds rate at 2.75%, outlines two paths for economy as trade tensions cloud outlook

4/16/2025 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

The Bank of Canada held its benchmark interest rate at 2.75% on Wednesday and unveiled two diverging scenarios for the economy, reflecting the unprecedented uncertainty triggered ... More

Tags: Bank of Canada, Bank of Canada Benchmark Rate, Canada GDP, Canada Inflation Rate, Canada Living, Canadian Households, Canadian Housing Market, Economic Growth, Variable Rate Mortgages

Further Bank of Canada cuts still likely in 2025 despite cautious language

3/25/2025 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

The central bank is treading carefully on the question of lowering rates again, but it may have no other choice ... More

Tags: Bank of Canada, Bank of Canada Benchmark Rate, Canada Living, Interest Rate Forecast, Variable Rate Mortgages

Bank of Canada slashes rates amid tariff chaos

3/12/2025 | Posted in Interest Rates by Jessi Sandhu

The central bank has cut rates as Trump's trade war continues - and more reductions could be ahead. ... More

Tags: Bank of Canada, Bank of Canada Benchmark Rate, Mortgages & Real Estate, Variable Rate Mortgages

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

2/3/2025 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

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. ... More

Tags: Bank of Canada Benchmark Rate, Fixed Rate Mortgages, Interest Rate Forecast, Mortgage Rate Forecast, Mortgage Rates Canada, Variable Rate Mortgages

Bank of Canada weighs first move of 2025

1/20/2025 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

The Bank of Canada (BoC) is preparing to make its first key policy decision of the year on January 29, with Canadians eager to see whether the central bank will cut its overnight ... More

Tags: Bank of Canada, Bank of Canada Benchmark Rate, Canada Inflation Rate, Variable Rate Mortgages