Benchmark Qualifying Rate
4.79% Prime Rate 2.45% 5-year Canada Bond Yield 0.42% Overnight Target Rate 0.25%30-day Bankers' Acceptances
2.25%
5-year Fixed Mortgage 2.29% Variable Mortgage 2.05% 
5-year Fixed – Bond Yield
1.87% Variable – BA -0.20% Fixed-Variable Mortgage 0.24% Next BoC Meeting 09 Sep, 2020 % Chance Hike Next Meeting -5%% Chance Hike in 9 months -9% Prime Rate (Year-end 2020) 3.95% Prime Rate (Year-end 2021) 2.45% 5-year Yield (Year-end 2020) 2.45% 5-year Yield (Year-end 2021) 0.60% 5-year Fixed (Year-end 2020) 3.95% 5-year Fixed (Year-end 2021) 2.40% Average Home Price (CREA)$539,000Average Price Gain (y/y) +6.50% Home Sales Growth (y/y) +15.20% Months of Inventory 3.6 Inventory Growth (y/y) -27.71% Full-time Job Gains (Last mo.) 73,000Full-time Job Gains (6-mo. avg) -194,443 Core CPI Canada (Last mo.) 1.10% Core CPI U.S. (Last mo.) 1.60% Canada GDP (Latest qtr.) -8.20% 
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