Benchmark Qualifying Rate
4.94% Prime Rate 2.45% 5-year Canada Bond Yield
0.44% Overnight Target Rate 0.25%30-day Bankers' Acceptances
2.25%
5-year Fixed Mortgage 2.49% Variable Mortgage 2.20% 
5-year Fixed – Bond Yield 2.05% Variable – BA -0.05% Fixed-Variable Mortgage 0.29% Next BoC Meeting 15 Jul, 2020 % Chance Hike Next Meeting -5%% Chance Hike in 9 months -16% 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) 0.90% 5-year Fixed (Year-end 2020) 3.95% 5-year Fixed (Year-end 2021) 2.40% Average Home Price (CREA)$488,000Average Price Gain (y/y) -1.30% Home Sales Growth (y/y) -57.60% Months of Inventory 9.2 Inventory Growth (y/y) +74.78% Full-time Job Gains (Last mo.) -1,472,000Full-time Job Gains (6-mo. avg) -69,683 Core CPI Canada (Last mo.) 1.80% Core CPI U.S. (Last mo.) 1.40% 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