Bond Yields and Interest Rates

🏡 Mortgage Tip

Did you know? Fixed mortgage rates are influenced more by bond yields than by Bank of Canada rate announcements.

📊 When bond yields rise, fixed mortgage rates usually increase.
📉 When bond yields fall, fixed rates often improve — sometimes before headlines even mention rate changes.

This is why timing matters when locking in your mortgage rate. Markets move quickly, and opportunities can appear (and disappear) fast.

If you’re buying, renewing, or just curious about where rates are heading, staying informed can save you money over time.

Have questions? I’m always happy to help you understand your options.