Kai Laporte Mortgage Agent

08/20/2026

Why are mortgage rates moving when the Bank of Canada hasn't raised its rate?

This is one of the most important things for Canadian homebuyers and homeowners to understand right now.

You may have seen headlines about volatility in the bond market. It sounds complicated, but it actually has a very direct connection to mortgages.

Here is what is happening:

The Bank of Canada currently has its overnight policy rate at 2.25% and has held it steady.

But the 5-year Government of Canada bond yield is around 3.35% today, close to its highest level of the past year.

Why does that matter?

Because fixed mortgage rates don't simply follow the Bank of Canada's overnight rate.

Fixed mortgage pricing is heavily influenced by the bond market, particularly government bond yields.

Think of it this way:

Bank of Canada rate → more important for variable-rate mortgages

Bond yields → a major influence on fixed mortgage rates

And right now, bond yields are facing pressure.

Globally, investors have been demanding higher yields on longer-term government debt. Concerns around inflation, energy prices, government deficits and the enormous amount of government borrowing are all contributing to volatility.

We've even seen the U.S. Treasury step in with larger bond buybacks after the recent surge in long-term yields.

So what does this mean for Canadians?

It does NOT automatically mean mortgage rates are about to skyrocket.

But it does mean we shouldn't assume that a future Bank of Canada rate cut will automatically produce a large drop in 3-, 4- or 5-year fixed mortgage rates.

Fixed mortgage rates can move independently of the Bank of Canada's overnight rate.

The other important point:

Bond yields move every day. Mortgage pricing can change with them.

That is why watching only the Bank of Canada announcement isn't enough when you're trying to understand where fixed mortgage rates are heading.

For anyone buying, renewing or refinancing, the best strategy isn't necessarily to try to perfectly predict the market.

It is to understand your options, compare the available rates and structure your mortgage around what makes sense for your own situation.

If you're wondering what today's bond market means for your mortgage or upcoming renewal, feel free to reach out. I'm always happy to walk through the numbers and explain what is actually happening in plain English.

Kai Laporte

Mortgage Agent Level 2

613-281-8465

[email protected]

www.laportelending.ca

FSRA 10575

*Market conditions and mortgage rates change frequently. Information provided for general educational purposes and is not financial advice. Mortgage rates and qualification depend on the lender, borrower and individual circumstances.*

Kai Laporte - Capital Mortgages Inc. is an accredited professional mortgage brokerage with The Mortgage Centre

07/13/2026

Thinking about keeping your current home as a rental instead of selling it?

For many homeowners, renting out a current home can be a smart way to build long-term wealth while moving into a new property. But before making the transition from homeowner to landlord, it's important to understand how your mortgage—and your financing options—may change.

Here are a few things to consider:

• Rental income may help you qualify. Many lenders will consider a portion of expected rental income when assessing affordability for your next mortgage, subject to their underwriting guidelines.

• Your financing strategy matters. Whether you're buying another home before renting your current one or refinancing to access equity, the order of events can affect your mortgage options.

• You become both a homeowner and a landlord. This means budgeting for vacancies, maintenance, insurance changes, and ongoing property management—not just your mortgage payment.

• Tax considerations are important. Converting a principal residence into a rental property can have income tax and future capital gains implications. In some situations, homeowners may be eligible to make a CRA election that can preserve certain principal residence benefits for a period of time, provided specific conditions are met. Professional tax advice is recommended before making the change.

• Don't assume your current mortgage is your only option. Before making the move, it's worth reviewing your financing strategy to determine whether refinancing, renewing, or arranging a new mortgage could better support your long-term goals.

Every situation is different. If you're considering turning your current home into a rental property while purchasing or renting another residence, planning ahead can make a significant difference.

I'd be happy to walk through your options and help you understand how lenders may view your specific situation before you make your next move.

Kai Laporte
Mortgage Agent Level 2
Licence # M13000617
FSRA #10575
Capital Mortgages Inc.

613-281-8465
laportelending.ca

Proudly Serving Petawawa & the Ottawa Valley

Call now to connect with business.

06/19/2026

It's TGIF time in the valley but before people start their weekend I thought I would touch on this subject. It is on the minds of a lot of people right now.

One of the biggest shifts we're seeing in today's housing market isn't interest rates...

It's inventory.

Compared to a few years ago, buyers in many Ontario markets have more homes to choose from and often have more time to make decisions. Across Ontario, market conditions have generally become more balanced, with more listings available and less pressure to make rushed offers.

That's not necessarily bad news.

For buyers, more inventory can mean:

More choice
More opportunities to negotiate
More time to complete due diligence

For sellers, it means pricing and presentation have become more important than ever.

Every market is different, and here in the Ottawa Valley we often see trends play out differently than larger urban centers, but it's always interesting to watch how the market evolves.

The most important thing? Make decisions based on your own goals and circumstances, not just headlines.

Hope everyone enjoys their weekend.

— Kai Laporte

Mortgage Agent Level 2
Licence # M13000617
Capital Mortgages Inc.

613-281-8465
laportelending.ca

06/11/2026

📊 Bank of Canada Holds Interest Rates Steady

On June 10, the Bank of Canada announced that it is holding its key policy interest rate at 2.25%, marking the fifth consecutive rate announcement with no change.

What caught my attention wasn't just the decision itself, but some of the comments that came with it.

The Bank indicated that while inflation remains a concern, there has been limited evidence that higher energy prices are creating broad inflation across the economy. At the same time, they acknowledged ongoing economic uncertainty and said they will continue monitoring conditions closely.

For homeowners, buyers, and anyone with a mortgage renewal coming up, it's another reminder that the economic picture remains complex.

Some people see this as a sign rates may stay where they are for a while.

Others believe future changes could still happen depending on inflation, economic growth, and global events.

People can read the comments and judge for themselves.

One thing is certain: staying informed is always better than reacting to headlines.

Hope everyone is having a great week.

— Kai Laporte

Mortgage Agent Level 2
Licence # M13000617
Capital Mortgages Inc.

📞 613-281-8465
🌐 laportelending.ca

06/04/2026

📊 Mortgage Market Update

A lot of homeowners are watching closely to see what the Bank of Canada does next with interest rates.

The next Bank of Canada rate announcement is scheduled for June 10, and while nobody can predict exactly what will happen, recent comments from the Bank suggest they’re continuing to closely monitor inflation, consumer spending, and overall economic conditions before making further moves.

Over the past few months, the conversation has shifted from “how high will rates go?” to “how long could rates stay where they are?”

For homeowners with mortgages renewing this year or next, it’s a reminder that understanding your options early is important — especially in a changing market.

No scare tactics. No predictions. Just staying informed so people can make the decisions that are right for them and their families.

As always, people can judge the market and the Bank’s comments for themselves — but staying educated is never a bad thing.

Hope everyone’s having a great week.

— Kai Laporte

Mortgage Agent Level 2
Licence # M13000617
Capital Mortgages Inc.

📞 613-281-8465
🌐 laportelending.ca

05/28/2026

☀️ Looks like summer is starting to arrive in the Ottawa Valley!

One of the best things about living in Petawawa is how much comes alive this time of year — local markets, community events, outdoor activities, and weekends by the river.

The Petawawa Container Market is back for the season with local vendors, food, and community events happening Fridays and Saturdays throughout the summer. Always great seeing local businesses and families out supporting each other.

Whether you’re spending time outdoors, heading to community events, or just enjoying the long evenings, hope everyone has a great start to the summer season here in the Valley! 👋

— Kai Laporte

Kai Laporte
Mortgage Agent Level 2
Licence # M13000617
Capital Mortgages Inc.

05/26/2026

One thing I’ve always appreciated about living and working in the Ottawa Valley is the sense of community we have here.

Whether it’s helping first-time buyers get the keys to their first home, working with military families relocating to Petawawa, or helping homeowners find better financial flexibility — I truly enjoy being part of people’s journeys.

The housing market is always changing, but having someone local who understands the area and can help guide you through the process can make a big difference.

Very grateful for all the clients, families, and local businesses who continue to support me and trust me with such an important part of their lives.

Wishing everyone a great week ahead! 👋

— Kai Laporte

Kai Laporte
Mortgage Agent Level 2
Licence # M13000617
Capital Mortgages Inc.

📞 613-281-8465
🌐 laportelending.ca

05/15/2026

Happy May 24 everyone and even though dates are off this year we are sticking with this. Cheers 🍻

05/13/2026

📣 Mortgage renewal coming up this year?

A lot of homeowners are still automatically signing renewal papers from their current lender without reviewing their options first.

Even a small difference in rate or mortgage structure can impact:
🏡 monthly payments
💰 total interest paid
📈 long-term financial flexibility

Before renewing, it’s worth taking a few minutes to review what options are available in today’s market. Apply here below and we can review your options.

https://www.mortgagecentre.com/app/kailaporte

I help homeowners across Petawawa and the Ottawa Valley compare solutions from multiple lenders so they can make informed decisions with confidence.

📞 613-281-8465
🌐 laportelending.ca

Kai Laporte
Mortgage Agent Level 2
Licence # M13000617
Capital Mortgages Inc.

05/11/2026

For over a decade, I’ve had the privilege of helping local homeowners, first-time buyers, military members, and retirees find mortgage solutions that fit their lives and goals.

Whether you’re:
✔ Buying your first home
✔ Refinancing
✔ Consolidating debt
✔ Renewing your mortgage
✔ Looking at CHIP Reverse Mortgage options
✔ Relocating with the Canadian Armed Forces

—I’m here to help make the process simple and stress-free.

As someone who lives and works in this community, I understand the local market and the unique needs of families in the Ottawa Valley.

📍 1027 Victoria Street, Petawawa
📞 613-281-8465
🌐 laportelending.ca

If you have questions about your mortgage options, feel free to reach out anytime for a free consultation. Apply with me today!

https://www.mortgagecentre.com/app/kailaporte

Local. Trusted. Here for You.