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Interest Rates

Navigate the ever-changing landscape of interest rates in the mortgage world. Understand what drives fluctuations, discover the latest trends, and arm yourself with knowledge to make informed decisions for your home financing journey.

Mortgage for Less Blog interest rates
Bank of Canada: Too Early to Cut Rates

Bank of Canada: Too Early to Cut Rates

Economists, mortgage brokers, and Canadians are all looking forward to rate drop announcements from the Bank of Canada. There are predictions of a rate drop as early as April 2024. The US Fed last...

Will Mortgage Rates Calm Down Again?

Will Mortgage Rates Calm Down Again?

2023 has been a year of continual interest rate increases. In the springtime, after some banks in the United States failed, we saw a significant drop in the bond yields that influence the pricing of...

Are Interest Rates about to DROP?

Are Interest Rates about to DROP?

In a surprising turn of events, Canada's 5-year bond yields have retreated below the 4% threshold, marking a significant departure from their recent trajectory. Since August 13th of this year, these...