Mortgage, Money and Dream – Our thoughts on Canadian Mortgage Market
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Today Government of Canada five years benchmark bond yields surpassed last two years highs. It is very obvious fixed mortgage rates will follow soon.


After reaching its 2013 low in April – it has been steadily going upward. Last month it took a brief pause and it resumed its ascend shortly afterwards.

Since fixed rate mortgages are dependent on bond yields – it is likely that the rates will start to go up. Given the latest tightening by the regulators and insurers, lenders will have no other options but to raise the bars.

Looking forward, since fixed rates are going higher at a faster rate than before – it appears that variables rates will regain their popularity soon.