Donald Leka

Canada's central bank held its overnight rate again on June 10, leaving variable mortgage rates comparatively stable for current buyers nationwide today.
Fixed mortgage rates have been less steady, as lenders respond to government bond volatility, making rate comparison especially important before buyers commit.
Current examples show variable options ~3% versus fixed offers in the mid-4%, creating ~$260 monthly payment difference on a 25-yr, $400K mortgage.
Buyers weighing fixed stability against variable flexibility may need comfort with rate risk, especially if fixed rates take longer to ease now.
A return to earlier fixed-rate levels could take months, depending on oil-market stability, renewed investor confidence, and lower government bond yields first.

Canada Rate Hold Keeps Buyers Watching

A large wave of maturing commercial loans is creating strong demand for broker-assisted refinancing solutions across North American real estate markets.
Brokers are increasingly structuring deals involving mixed lender pools, including banks, credit unions, and private debt funds.
Property owners facing higher valuation pressure are relying on brokers to secure flexible financing terms and avoid loan defaults.
Technology-driven brokerage platforms are improving speed and transparency in rate comparison and lender matching processes.