Mortgage Rates & Mortgage Broker News in Canada |
| Fixed Mortgage Rates Are Rising. Are Variable Rates Next? Posted: 19 Jan 2022 09:22 PM PST Numerous banks and other mortgage lenders have been raising fixed mortgage rates in recent weeks, following the lead of rising bond yields that are now at a two-year high. And next week, all eyes will be on the Bank of Canada to see if it raises its overnight target rate earlier than expected, which would send variable mortgage rates higher by at least 0.25 percentage points. In recent weeks, the following big banks have raised some of their special rates […] |
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