Benchmark Qualifying Rate
5.19% Prime Rate 3.95% 5-year Canada Bond Yield
1.53% Overnight Target Rate
1.75%30-day Bankers' Acceptances 2.25%
5-year Fixed Mortgage 2.71% Variable Mortgage 2.92% 
5-year Fixed – Bond Yield 1.18% Variable – BA 0.67% Fixed-Variable Mortgage -0.21% Next BoC Meeting 04 Dec, 2019 % Chance Hike Next Meeting -23%% 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)$515,500Average Price Gain (y/y) +5.30% Home Sales Growth (y/y) +15.50% Months of Inventory 4.5 Inventory Growth (y/y) -13.83% Full-time Job Gains (Last mo.) -16,100Full-time Job Gains (6-mo. avg) 34,483 Core CPI Canada (Last mo.) 1.90% Core CPI U.S. (Last mo.) 2.36% Canada GDP (Latest qtr.) 3.70% 
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