The week’s best fixed and variable mortgage rates

Markets broadly expect the Bank of Canada to keep its policy rate unchanged at 2.25% at its meeting next week. The decision is framed around diverging economic trends, suggesting uncertainty around the path of future rate moves. This is likely to be a moderate catalyst for Canadian rates expectations rather than a large immediate repricing.

Analysis

Markets broadly expect the Bank of Canada to keep its policy rate unchanged at 2.25% at its meeting next week. The decision is framed around diverging economic trends, suggesting uncertainty around the path of future rate moves. This is likely to be a moderate catalyst for Canadian rates expectations rather than a large immediate repricing.