Benchmark Qualifying Rate
5.04% Prime Rate 2.95% 5-year Canada Bond Yield 0.51% Overnight Target Rate 0.25%30-day Bankers' Acceptances
2.25%
5-year Fixed Mortgage 2.70% Variable Mortgage 2.75% 
5-year Fixed – Bond Yield
2.19% Variable – BA 0.50% Fixed-Variable Mortgage -0.05% Next BoC Meeting 15 Apr, 2020 % Chance Hike Next Meeting -100%% Chance Hike in 9 months -8% Prime Rate (Year-end 2019) 2.70% Prime Rate (Year-end 2020) 2.70% 5-year Yield (Year-end 2019) 0.74% 5-year Yield (Year-end 2020) 0.95% 5-year Fixed (Year-end 2019) 2.24% 5-year Fixed (Year-end 2020) 2.45% Average Home Price (CREA)$540,000Average Price Gain (y/y) +15.20% Home Sales Growth (y/y) +26.90% Months of Inventory 4.1 Inventory Growth (y/y) -26.66% Full-time Job Gains (Last mo.) 37,000Full-time Job Gains (6-mo. avg) 18,783 Core CPI Canada (Last mo.) 2.10% Core CPI U.S. (Last mo.) 2.36% Canada GDP (Latest qtr.) 0.30% 
Ever since the infamous 2013 Taper Tantrum, we've been hearing about impending Fed rate hikes and all of their implicati...
Our recent story on changeovers in the benchmark 5-year bond sparked some good questions about how and when the ben...
As most readers here know, fixed mortgage rates follow bond yields over time. That's why, with the 5-year fixed being Ca...
5-YEAR BOND YIELD