Benchmark Qualifying Rate
5.19% Prime Rate 3.95% 5-year Canada Bond Yield
1.32% Overnight Target Rate
1.75%30-day Bankers' Acceptances 2.25%
5-year Fixed Mortgage 2.66% Variable Mortgage 2.80% 
5-year Fixed – Bond Yield 1.34% Variable – BA 0.55% Fixed-Variable Mortgage -0.14% Next BoC Meeting 04 Mar, 2020 % Chance Hike Next Meeting -31%% 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)$517,000Average Price Gain (y/y) +9.60% Home Sales Growth (y/y) +22.70% Months of Inventory 4.2 Inventory Growth (y/y) -21.24% Full-time Job Gains (Last mo.) 38,400Full-time Job Gains (6-mo. avg) 8,617 Core CPI Canada (Last mo.) 2.20% Core CPI U.S. (Last mo.) 2.30% Canada GDP (Latest qtr.) 1.30% 
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