Canada's 5-year bond yield — the number fixed mortgage rates key off — eased to 3.24% this week after U.S. inflation and jobs data came in soft. Nice, but it's a rounding error, not a trend: long-term borrowing costs are still grinding higher and central bankers aren't signalling cuts. The next real mover is the August 19 tariff deadline, which nobody can time—so encourage your buyers to lock in pre-approvals now to hedge against possible rate increases.

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.