Best Mortgage Rates Trends & Forecasts (2026 BC Update)
The era of volatility is settling. In 2026, the spread between fixed and variable rates is narrowing. Here is the smart money play.
The Forecast
We anticipate rates hovering in the mid-4% range. The Bank of Canada is aiming for a "neutral rate" that neither stimulates nor suppresses the economy.
Strategy: Short-Term Fixed?
Many brokers are recommending 2 or 3-year fixed terms. This avoids locking in for 5 years (in case rates drop further) but provides security today.
Frequently Asked Questions
Everything you need to know about this topic. Can't find the answer you're looking for? Reach out to our team.
Less risky than 2022, but you still bear the brunt of any inflation flare-ups. Only for those with budget flexibility.
Yes! Posted rates are fake. Always ask for the discretionary rate or "buydown" from the broker.