fixed mortgage rate increases

Fixed mortgage rates are rising. What’s the deal?

April 18, 2024 No Comments

As variable-rate mortgage holders eagerly anticipate the Bank of Canada’s first rate cut, fixed rates are heading in the other direction: up.

Opinion: Are fixed mortgage rates poised to rise? Here’s why I think so.

April 3, 2024 1 Comment

It seems that the Canadian bond market has a spring in its step these days. After hitting a low around 3.26% in January, the Government of Canada 5-year bond yield—which typically leads fixed mortgage rates—finished Tuesday’s session at 3.63%.

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

January 18, 2024 No Comments

A sudden rise in bond yields this week could cause some lenders to reverse recent fixed mortgage rate cuts, experts say.

Fixed mortgage rates expected to surge as bond yields reach 15-year high

September 22, 2023 2 Comments

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.

Fixed mortgage rates surge higher as bond yields break above 4%

August 18, 2023 No Comments

Bond yields broke through a key resistance point this week, leading to a fresh round of fixed mortgage rate increases.

Latest in Mortgage News: Are fixed mortgage rates about to take another leg higher?

August 3, 2023 No Comments

There’s speculation that fixed mortgage rates, which have continued to trend higher over the past several weeks, are set to rise even further.

Bond yields are back on the rise. Will fixed mortgage rates follow?

July 25, 2023 No Comments

Bond yields are back on the rise this week, which observers say could keep upward pressure on fixed mortgage rates if the trend continues.

Fixed mortgage rates rise as bond yields near 4 percent

Fixed mortgage rates keep rising, and could continue as bond yields near 4%

July 7, 2023 No Comments

Bond yields ended the week higher, flirting with a key technical level of 4% following the release of overall strong employment data in both Canada and the U.S.