mortgage rate cuts

Fixed mortgage rates in Canada resume their decline amid economic volatility

February 3, 2024 No Comments

After a short-lived upswing in bond yields last month that nudged some fixed mortgage rates higher, lenders are once again bringing them back down.

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

December 21, 2023 2 Comments

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

Mortgage rates under 5%? They’re coming back as lenders slash fixed rates

December 5, 2023 1 Comment

For the first time since last spring, mortgage shoppers finally have a condition-free sub-5% fixed mortgage rate option.

Rate cut odds steep following weak inflation data

Rate cut odds steepen after weak October inflation data

November 21, 2023 No Comments

Following the release of weaker-than-expected October inflation data, markets are growing more confident that the Bank of Canada’s rate-hike cycle is officially over.

Latest in mortgage news: Lenders cut select fixed rates by up to 30 bps

November 7, 2023 No Comments

Mortgage providers across the country have been dropping fixed mortgage rates throughout the week in response to a sharp decline in bond yields.

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