04/02/2026
Mortgage rates are shifting again, and the 5-year fixed is now moving above 4% on average.
With ongoing changes in bond yields, inflation expectations, and the Bank of Canada’s direction, many buyers are starting to ask the same question:
Is variable becoming the smarter option again?
In this reel, we break down what’s currently affecting mortgage rates, why fixed rates are moving up, and what buyers should be paying attention to before making a decision.
The right mortgage strategy depends on your goals, risk tolerance, and timeline.
Before locking anything in, make sure you understand how today’s market conditions could affect your monthly payments and long-term plans.
DM me if you’re thinking of buying and want to understand which option may fit your situation best.
FirstTimeHomeBuyer CanadaMortgage Scotiabank RealEstateTips TeamMakan