Should You Lock in a Mortgage Rate This September? Experts Weigh In
With mortgage rates hitting 10-month lows in September 2025, many Canadians are asking: should I lock in now or wait? Experts share insights on fixed vs variable, bond yields, and what it means for your wallet.
Canada’s GDP Contraction Clouds Bank of Canada’s Rate Outlook
Canada’s economy contracted for the third straight month in June, pulling Q2 GDP down by 0.4%. With the Bank of Canada’s September decision looming, borrowers await clarity on rate cuts and their impact on mortgage affordability.
TD Bank Returns to Profit, But Mortgage Stress Signals Are Growing
TD Bank reported a Q3 profit of C$3.6B, but rising mortgage delinquencies show growing borrower stress. With renewals bringing higher payments, here’s what Canadian homeowners should know.
Bank of Canada Reaffirms 2% Inflation Target, What It Means for Mortgages
Bank of Canada Governor Tiff Macklem confirmed that the 2% inflation target will remain in place through 2026. For Canadian homeowners, this signals stability in mortgage rates and predictability in renewals.
Fixed Rates Dip into the High-3% Range
Canadian mortgage lenders have reintroduced 5-year fixed rates in the high-3% range after a 25 basis-point drop in bond yields. Experts warn volatility could push rates back above 4% soon.
Most Canadians to Face Higher Mortgage Payments at Renewal in 2025–26, Bank of Canada Warns
Nearly 60% of Canadian homeowners will face higher mortgage payments at renewal in 2025–26, according to the Bank of Canada. Fixed-rate borrowers could see payments jump by up to 20%, while some variable-rate holders may see slight relief.
Bank of Canada Divided on Tariff Risks: Policy Outlook Remains Uncertain
Bank of Canada policymakers are split on tariff risks. With rates steady at 2.75%, homeowners face renewal shocks and buyers navigate uncertainty.
Mortgage Rates Dip to 2025 Lows — Should Canadian Borrowers Lock In Now or Wait?
National mortgage rates in Canada have fallen to their lowest point in 2025. Learn what’s driving the drop, how it affects fixed and variable borrowers, and whether you should act now or wait.
Bank of Canada Stays Put — But A Softening Bias Grows as Mortgage Originations Spike
The Bank of Canada kept its policy rate at 2.75% but hinted at future cuts. Meanwhile, Canadian mortgage originations jumped 51% year-over-year, raising questions for borrowers and renewals.
BoC’s Summary of Deliberations lands today at 1:30 p.m. ET
The BoC publishes its Summary of Deliberations at 1:30 p.m. ET. We break down the signals for September’s decision and what borrowers should watch—fixed vs variable, 5-yr GoC yields, and strategy tips.
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