
Mortgage Rate Forecast


Latest in Mortgage News: Big Banks Lowering their 5-year Fixed Rates
CIBC became the second Big 6 bank to cut its 5-year fixed mortgage rate today.

The Latest in Mortgage News – 2019 Forecasts
We’re about to turn the page on what was a challenging year for the mortgage and housing markets. But so far 2019 isn’t looking like

Tempered Rate Hike Forecasts for 2019
Floating-rate mortgage holders who had feared the Bank of Canada’s recent full-steam-ahead view towards continued rate hikes can take a breather—at least for now. The

The Latest in Mortgage News – 2018 Forecasts
It can be a chore to stay on top of the latest mortgage news these days, particularly given the barrage of forecasts and predictions for

3 Reasons Canadian Mortgage Rates Will Never Hit 5%
High borrowing rates are a relic. Canadian regulators may soon force borrowers to qualify at interest rates two percentage points above the contract rate. With
Long-term GDP. Variable-Friendly
Canada’s economic engine ultimately determines the mortgage rates we pay. And these days, that engine is running at a lower RPM than in the past.
Economist Predictions & Term Selection
No one truly knows where interest rates are headed. Yet, despite vast margins of error, all major financial institutions regularly publish rate predictions. If only
Rate Estimates Get Chopped
We find rate predictions more fun than astrology (and almost as accurate). For those who give weight to economists’ rate models, the past month has
A 180 Degree Change in Rate Views
46% probability of a rate cut Sept. 7. 100% probability of a rate cut by year-end. That’s what prices of closely-followed overnight index swaps (OIS)
