Where rates are going, what the Bank of Canada did, and what it means for a mortgage.
Lower inflation in Canada does not automatically lower your mortgage rate, but it moves the levers that eventually can. Cooling CPI reduces pressure on the
. CREA cut its 2026 forecast on July 15 because population growth slowed faster than expected and fixed mortgage rates spiked earlier in the year.
Yes, but only partly. Canada’s real estate market is stabilizing without fully recovering. Prices have flattened, sales are edging up, and affordability is at a
The sales-to-new-listings ratio is a percentage that shows whether Canadian home sales are keeping pace with new listings. Above 60 percent tilts toward sellers, below
Last updated: July 2026 Quick Answer In the second half of 2026, the Bank of Canada is expected to hold its overnight policy rate at
Yes, many Canadians are worried about their mortgage payments, but the share has fallen. The CMHC 2026 Mortgage Consumer Survey found that 39% of mortgage
Last updated: June 2026 Quick answer As of June 2026, the lowest mortgage rates in Canada are roughly 3.9%–4.0% for a 5-year fixed and around
Most economists do not expect Canadian mortgage rates to fall this summer. The Bank of Canada is holding its policy rate at 2.25%, and its
Yes — mortgage problems are getting worse in Ontario and Toronto, but the strain is concentrated, not widespread. As of Q1 2026, Ontario’s 90+ day
In 2026, Canadian homebuyers are more confident than a year ago, but still cautious. CMHC’s 2026 Mortgage Consumer Survey found that 39% of mortgage holders
Yes, many Canadians are worried about their mortgage payments. According to the CMHC 2026 Mortgage Consumer Survey, 39% of Canadian mortgage holders remain concerned about
The Canadian Real Estate Association (CREA) forecasts that the national average home price will rise by 1.5% in 2026 to roughly $688,955, with virtually no
