Todays Rates
3 Year : 3.89% – 4.19%
5 Year : 4.14% – 4.49%
Variable : 3.70% – 3.85%
**Add .25% for those that are putting down 20%
Bank Rate Predictions for 2026
Half of Canada’s Big Six banks are forecasting interest rates could rise again by the end of 2026. RBC currently projects the Bank of Canada rate to reach 3.25% by the end of 2027.
While forecasts can change, it’s a reminder that today’s rate environment may not last forever.
Source: Canadian Mortgage Trends
Chart provided by Flow mortgage