bond yields Archives - Mortgage Rates & Mortgage Broker News in Canada

Foreign investors now hold more power over Canada’s debt than ever before

May 28, 2025 No Comments

Prime Minister Mark Carney may be leading a strong minority in Parliament, but there’s another kind of majority he may need to pay closer attention to—one that doesn’t sit in the House of Commons but has a growing influence over Canada’s finances.

Oxford warns of Canadian recession, says immigration slowdown and tariffs to blame

May 16, 2025 1 Comment

Oxford Economics now sees a Canadian recession as all but certain, citing a mix of global trade shocks, waning business investment and a slowdown in immigration.

Why Canadian fixed mortgage rates are rising again

May 14, 2025 1 Comment

After briefly dipping below 4%, most five-year fixed mortgage rates at Canada’s major banks are back above the 4% mark, and could stay elevated for the foreseeable future, experts say.

Markets see additional Bank of Canada rate cuts as economy slows, survey shows

April 28, 2025 No Comments

Markets are widely expecting two additional quarter-point cuts from the Bank of Canada this year, according to the Bank’s first-quarter Market Participants Survey.

Mortgage Digest: Why fixed rates could drop further despite rising bond yields

April 11, 2025 No Comments

Canadian bond yields have swung sharply in recent weeks, adding uncertainty to the outlook for fixed mortgage rates.

Trump retreats from global tariff plan, but Canada gets no relief

April 9, 2025 No Comments

In a stunning about-face, U.S. President Donald Trump announced a 90-day suspension of his sweeping new “reciprocal” tariffs on most nations—but not on Canada.

Tariffs, tech, and Tesla: What’s driving the current market chaos

April 7, 2025 No Comments

What a week we saw in the markets. Weeks like this are only rivalled by a few moments in history—the COVID-19 meltdown in 2020, the Global Financial Crisis in 2008, and the tech wreck in 2001.

Three big banks cut mortgage rates this week, one drops 5-year fixed to 3.99%

March 7, 2025 No Comments

Following dramatic swings in the bond market—and broader economic uncertainty sparked by President Donald Trump’s tariff threats—three of Canada’s big banks have slashed their fixed mortgage rates this week.