10/17/2026
Tidbit of Info for Today:
Fixed‑Rate Pressure and Economic Resilience
The bigger story for mortgages right now is fixed‑rate pressure. Five‑year bond yields have been climbing for months, and rising US long‑term rates often spill into Canada. That means fixed mortgage rates could stay volatile as the trade war escalates. At the same time, Canada’s economy has shown surprising resilience, with labour markets improving and Q2 growth expected to come in with a “3‑handle.” This stronger footing helps cushion the impact, but clients should still be prepared for rate movement. Understanding how bond yields influence fixed mortgages is key to making confident decisions in a fast‑changing environment.
If you or anyone you know who is considering a purchase/renewal or refinance in the future, I would love to help. ! **Ask me for my best rate ** Let me know if you would like to be added to my mailing list to keep in touch !
JANEAN COMPTON - Mortgage Agent - Level 2 - LICENSE # M22001802 FSRA
[email protected] - 905.621.6411
Website: https://www.mortgageweb.ca/janeancompton
Swivel Mortgage Group - Brokerage # FSRA # 13569
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