10/26/2026
Rates are expected to go up on Wednesday. Most economists in the latest Reuters poll now call for a Bank of Canada hike, the first move in a year. If you're buying in the next few months, a pre-approval lets you lock in today's rate before it rises.
Estimate only: $800,000 variable mortgage, 25-year amortization, 4.20% → 4.45%. Rate-hold terms vary by lender.
Want to lock in today's rate before Wednesday? DM me "RATE" and I'll connect you with a mortgage specialist today.
Rachit Aggarwal · Realty One Group · GTA · (647) 795-2511