房贷利率在上升 | 买房卖房

房贷利率在上升

楼主 / 不怕没柴烧

不知如何影响房价

As expected, some major mortgage lenders have started a fresh round of rate hikes following this week’s run-up in bond yields.
RBC, BMO, CIBC and National Bank of Canada (NBC) have all raised fixed mortgage rates following this week’s Bank of Canada rate decision.

RBC hiked it special-offer 5-year fixed rate by 20 bps to 2.79%. It also raised its 5-year variable rate 5 bps to 1.65%.
BMO raised its default-insured (high ratio) 5-year fixed by 23 basis points to 2.62% and its uninsured rate by 20 bps to 2.79%. It also raised its 5-year variable rate 10 bps to 1.65%.
CIBC hiked its insured 5-year fixed rate by 20 bps to 2.42% and its uninsured 5-year fixed by 20 bps to 2.79%. It also raised its default-insured 5-year variable by 10 bps to 1.49% and its uninsured 5-year variable by 10 bps to 1.65%.
NBC raised its special-offer 4-year fixed rate by 15 bps to 2.69% and its 5-year fixed by 20 bps to 2.79%.
HSBC raised its insured 5-year fixed rate by 15 bps to 2.34% and its uninsured 5-year fixed by 15 bps to 2.44%.
Desjardins raised its 5-year fixed rate by 15 bps to 2.69%.

Other non-bank lenders raised some rates this week as well, including First National, which raised its default-insured 5-year fixed by 5 bps.
Just last month, mortgage shoppers could find plenty of 5-year fixed rates for under 2.00%, including some special-offers from the big banks, but that’s no longer the case. Only a handful of deep-discount online brokers are still offering 5-year fixed rates below 2.00%, and only for insured mortgages.
These fixed-rate hikes were expected following major gains in bond yields this week after the Bank of Canada announced it would end its Quantitative Easing (QE) program. That program saw the purchase of hundreds of billions of dollars worth of bonds during the pandemic, which in turn improved market liquidity but kept bond yields artificially lower.
The Government of Canada 5-year bond yield, which influences 5-year fixed rates, closed above 1.51% today, a 21-month high.