Andrew Galea

Refi rates eased through late 2025; now near mid-6 percent range.
Most economists expect modest declines in 2026 if inflation cools.
Key factors: inflation, labor market, Federal Reserve policy, and 10-year Treasury yield.
Analysts see stability or slight ↓; high-5% to low-6% range projected.
Borrowers urged to monitor economic data and consult professionals before refinancing.

2026 Mortgage Refinance Outlook

Slide 1
Everyone agrees on one thing: life costs too much, and housing hurts the most.

Slide 2
Even when borrowing gets cheaper, many feel owning a home still isn’t realistic.

Slide 3
People don’t feel change yet—plans exist, but real-life wallets feel stuck.

Slide 4
Daily expenses matter more than big promises; cutting costs beats every other priority.

Slide 5
That uncertainty drives trust-seeking, pushing more Canadians toward expert financial guidance.