{"id":917764,"date":"2026-11-15T03:32:29","date_gmt":"2026-11-15T03:32:29","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/917764\/"},"modified":"2026-11-15T03:32:29","modified_gmt":"2026-11-15T03:32:29","slug":"the-sweet-spot-of-mortgage-rates-this-week","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/917764\/","title":{"rendered":"The sweet spot of mortgage rates this week"},"content":{"rendered":"

\"A<\/a> A ‘For Sale’ sign in front of a house in Toronto, Ont. (Laura Proctor \/ Bloomberg files) <\/p>\n

A few days ago, Canada’s five-year bond yield \u2014 the pace car for fixed mortgage rates<\/a> \u2014 was cruising at 3.33 per cent. Today, it’s at 3.60 per cent. That is a breathtaking jump in less than a week, and not the good kind of breathtaking. <\/p>\n

Last week’s brief rate plunge had a few lenders optimistically trimming their fixed rates. Today, those same lenders may have to slam the transmission into reverse. <\/p>\n

Most will likely hold off on hikes until Monday’s inflation<\/a> print lands, but the trajectory of this trend is ugly regardless. <\/p>\n

If you want off the rollercoaster right now, an uninsured three-year fixed in the mid-fours is the sweet spot. It strikes a solid balance between avoiding rate-induced ulcers and not overpaying on interest \u2014 at least according to bond market<\/a> forward rates, which are far from a crystal ball, but still the least terrible psychic we’ve got. <\/p>\n

Editor’s Picks <\/p>\n

On the flip side, if you’re a well-qualified borrower whose bingo card features an Iranian peace deal, tanking oil prices<\/a>, and cooling tariff inflation, a fixed-payment variable rate isn’t crazy. <\/p>\n

That’s doubly true if you need a default-insured mortgage, where deep-discount lenders like Nesto are dangling rates more than one per cent below prime, and regional players like Ratebuzz are shaving off up to 1.16 per cent. <\/p>\n

For the best national insured and uninsured mortgage rates, updated daily, please visit our mortgage rate page here<\/a>. <\/p>\n","protected":false},"excerpt":{"rendered":"A ‘For Sale’ sign in front of a house in Toronto, Ont. (Laura Proctor \/ Bloomberg files) A…\n","protected":false},"author":2,"featured_media":917765,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[5097,28,122,101,939,2993,2994,32455,2995,932,32456,20112,147,9323,1170,1666,6480,2996,2997,923,19533,3733,32457],"class_list":["post-917764","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-401k","tag-business","tag-business-news","tag-economy","tag-finance","tag-financial-information","tag-investing","tag-investment-tools","tag-investor","tag-market-news","tag-mortgage","tag-mutual-funds","tag-personal-finance","tag-quote","tag-real-estate","tag-retirement","tag-stock","tag-stock-research","tag-stock-valuation","tag-stocks","tag-suze-orman","tag-tax","tag-track-portfolio"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/917764","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=917764"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/917764\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/917765"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=917764"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=917764"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=917764"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}