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Fixed Mortgage Rates Dip Below 4% as BoC Cut Looms

Mortgage contract, calculator, and model house with Canadian flag, symbolizing fixed rates below 4% in September 2025.

Fixed mortgage rates in Canada have slipped under 4% as bond yields fall and the Bank of Canada prepares for a September rate cut. Buyers, renewals, and refinancing options could all benefit, while variable-rate holders await relief from lower prime rates.

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