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Fixed mortgage rates could be moving higher soon.
September 10, 2026 | Posted by: Craig Nickerson
Fixed mortgage rates are influenced mainly by government bond yields—not directly by the Bank of Canada’s overnight rate. Canadian bond yields have recently jumped as rising oil prices create renewed concerns about inflation. When bond yields increase, lenders’ funding costs rise, and fixed mortgage rates often follow. Reuters
If you are buying a home, refinancing or renewing in the coming months, this may be a good time to arrange a rate hold. A rate hold can protect you if rates increase while still allowing us to pursue a better option if rates decline before closing.
Contact Craig to review your options:
???? Call or text: 613-394-5810
???? craig@simpligomortgages.com
Rates and approval are subject to lender terms, qualification requirements and availability.
