Benchmark Qualifying Rate
5.25% Prime Rate
2.45% 5-year Canada Bond Yield 0.91% Overnight Target Rate 0.25%30-day Bankers' Acceptances
0.22%
5-year Fixed Mortgage 2.04% Variable Mortgage 1.17% 
5-year Fixed – Bond Yield 1.13% Variable – BA 0.95% Fixed-Variable Mortgage 0.87% Next BoC Meeting 27 Oct, 2021 % Chance Hike Next Meeting -20%% Chance Hike in 9 months 41% Prime Rate (Year-end 2021) 3.95% Prime Rate (Year-end 2022) 2.45% 5-year Yield (Year-end 2021) 2.45% 5-year Yield (Year-end 2022) 0.60% 5-year Fixed (Year-end 2021) 3.95% 5-year Fixed (Year-end 2022) 2.40% Average Home Price (CREA)$663,500Average Price Gain (y/y) +13.30% Home Sales Growth (y/y) -14.00% Months of Inventory 2.2 Inventory Growth (y/y) -16.07% Full-time Job Gains (Last mo.) 68,500Full-time Job Gains (6-mo. avg) 28,433 Core CPI Canada (Last mo.) 2.56% Core CPI U.S. (Last mo.) 4.00% Canada GDP (Latest qtr.) -1.10% 
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