Benchmark Qualifying Rate
4.79% Prime Rate
2.45% 5-year Canada Bond Yield
0.43% Overnight Target Rate 0.25%30-day Bankers' Acceptances 2.25%
5-year Fixed Mortgage 1.64% Variable Mortgage 1.65% 
5-year Fixed – Bond Yield 1.21% Variable – BA -0.60% Fixed-Variable Mortgage -0.01% Next BoC Meeting 20 Jan, 2021 % Chance Hike Next Meeting -21%% Chance Hike in 9 months -31% 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)$607,280Average Price Gain (y/y) +17.10% Home Sales Growth (y/y) +47.20% Months of Inventory 2.1 Inventory Growth (y/y) -50.72% Full-time Job Gains (Last mo.) 36,500Full-time Job Gains (6-mo. avg) 211,467 Core CPI Canada (Last mo.) 1.70% Core CPI U.S. (Last mo.) 1.62% Canada GDP (Latest qtr.) 40.50% 
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