The Mortgage Report: March 8 It was one year ago that Canada’s 5-year yield plunged to an all-time low of 0.27%. Since then, it has more than tripled — and...

The Mortgage Report: March 3 “Interest rate risk could rise if the economy outperforms expectations,” said RBC Economics on Tuesday, as the bank raised three of its special fixed rates:...

Monday was a reprieve from surging rates in the bond market. Canada’s 5-year swap rate, a good lead indicator of fixed mortgage pricing, fell back towards earth after February’s parabolic...

More banks raised their internal mortgage pricing this weekend, including Scotiabank. (See: Big Bank Mortgage Rates) Its move followed TD’s fixed-rate hike on Friday. Scotia, the largest bank in the...

If you’ve never seen B.C.’s Squamish Chief, it’s an imposing mass of sheer cliff. And Canadian interest rates look like they’re climbing it. The 5-year government yield, which leads fixed...

If you have faith in Canada’s top banker, Bank of Canada chief Tiff Macklem, you needn’t worry about prime rate rising in 2021. Here’s what he said in a speech...

People hear the Bank of Canada predicting no rate increases until 2023 and take that as gospel. Maybe they shouldn’t. The Bank of Canada’s key overnight rate—which more directly impacts...

A scattering of lenders are starting to warn of impending rate increases. No surprise—given Canada’s 5-year bond yield, which drives fixed mortgage rates, hit a new relative high on Thursday....

The entire mortgage market was waiting, and now, after 10 months, it finally happened. Canada’s 5-year bond yield (which influences fixed mortgage rates) broke through major resistance, resistance that goes...

We heard from a reader last week who was declined for a mortgage by a Big 5 bank. The problem was not with him, however. The problem was his banker’s...