July's jobs number blew past expectations (+75,000, unemployment down to 6.4%), and bond yields jumped on the news — the 5-year GoC is sitting around 3.25%. That's upward pressure on fixed rates, not downward. Variable is going nowhere: the Bank of Canada holds at 2.25% and prime stays 4.45% through September 2. Watch Monday the 17th — July inflation is the next number that moves anything.

Why these matter: Government of Canada bond yields are the main input lenders use to price fixed mortgages, so fixed rates tend to track them over time.

There are thousands of unique combinations of loan types, terms, and lender programs; a buyer’s exact rate is customized to their specific situation. The daily Rate Ranges give you a reliable baseline, but we always run the actual scenario to give your clients an honest, precise, personalized quote.

The Upsizer Smart Move Campaign

A ready-to-run client campaign for move-up buyers: a five-email sequence plus supporting pieces that walk a homeowner through the move-up decision — the idea, the math, a client story, and a soft introduction to mortgage planning. Built for you to deploy to your own database, end to end.