Benchmark Qualifying Rate
4.79% Prime Rate
2.45% 5-year Canada Bond Yield 0.38% Overnight Target Rate 0.25%30-day Bankers' Acceptances 2.25%
5-year Fixed Mortgage 1.84% Variable Mortgage 1.79% 
5-year Fixed – Bond Yield 1.46% Variable – BA -0.46% Fixed-Variable Mortgage 0.05% Next BoC Meeting 28 Oct, 2020 % Chance Hike Next Meeting -11%% Chance Hike in 9 months
-18% 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)$604,000Average Price Gain (y/y) +10.30% Home Sales Growth (y/y) +45.60% Months of Inventory 2.6 Inventory Growth (y/y) -43.41% Full-time Job Gains (Last mo.) 334,000Full-time Job Gains (6-mo. avg) -159,967 Core CPI Canada (Last mo.) 1.73% Core CPI U.S. (Last mo.) 1.70% Canada GDP (Latest qtr.) -38.70% 
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