08/17/2026
One higher inflation reading does not necessarily signal a change in direction for interest rates. What happens next will depend on whether these price pressures persist and how the broader economy performs.
Rate forecasts can change as new economic data comes in, which is why mortgage decisions should not be based on predicting the Bank of Canada’s next move. The right approach depends on your own timeline, budget, risk tolerance and future plans, with enough flexibility to adjust if conditions change.
If you are buying, renewing or reviewing your mortgage, connect with me. I can help you review the available options and choose a solution that fits your circumstances while maintaining flexibility.