BMO’s prime rate was lowered to 4.95% on March 13, 2025, following the latest Bank of Canada ... for several years and pay less in interest. When investigating BMO’s mortgage rates or ...

Canadian bond yields have swung sharply in recent weeks, adding uncertainty to the outlook for fixed mortgage rates.

Affordability has largely improved across Canada, mainly due to dropping mortgage rates, which helped offset rising prices in some cities. The February edition of Ratehub.ca’s Home Affordability ...

Current mortgage rate trends See how mortgage rates have trended over the last five years, according to Freddie Mac data. Throughout 2020, the average mortgage rate fell drastically due to the ...

founder of True North Mortgage, which sports one of the lowest three-year rates in the nation. “We see 35 per cent of our clients selecting a three-year right now, which is unusually high.” Meanwhile, ...