Mortgage rate trends and statistics.

How to predict mortgage interest rate movement: Increase in long term Canadian Government bond prices, leads to a decreased yield (graphed on the chart). The decreased yield reduces the borrowing costs for mortgage lenders which lead to lower fixed mortgage rates. You can look at the graph and if the rate of return of bond rates is going down then the mortgage rates are likely to fall down.

There are much more factors affecting mortgage pricing than average bond yields but direct comparison could give you a rough picture of what is going to come.
Select the mortgage terms that you want to be displayed on graph.
Fixed Closed
Years		 Fixed Open
Years		 Variable Closed
Years		 Variable Open
Years		 Bank of Canada
Marketable bonds
Average yield. Years		 Key Rates
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2
3
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5
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7
8
9
10
34
1
18
3
4
5
1
3
5
1
2
4
1-3
3-5
5-10
10
Overnight Rate
Qualification Rate
Show Prime Rate
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