05/27/2026
Global headlines can feel far away, but they can still affect your mortgage decisions here in Ottawa.
When oil prices move, it can impact transportation costs, business costs, inflation expectations, bond yields, and eventually the way mortgage rates are priced.
That does not mean every headline will change your mortgage overnight, but it does mean borrowers should stay informed, especially if you are buying, renewing, or thinking about refinancing.
Fixed rates and variable rates can react to different parts of the economy, so the “best” option is not always just about the lowest rate today. It is about your timeline, your budget, your risk comfort, and your long-term plans.
Before making a major mortgage decision, it is worth having a conversation about what is happening in the market and how it may affect your options.
Reach out to me if you have questions about your mortgage, renewal, or next purchase.
