Interest rates remain a key question for homeowners approaching renewal.
Canadian Mortgage Professional reports that CMHC chief economist Mathieu Laberge expects the Bank of Canada to hold its policy rate steady for the remainder of 2026, while leaving open the possibility of increases in 2027.
That is an economist’s outlook, rather than a commitment from the Bank of Canada. Forecasts can change as new information becomes available.
For homeowners, it’s a useful reminder to start the mortgage conversation early. A renewal is an opportunity to review your budget, consider your goals, and discuss your options.
If your mortgage is coming up for renewal—or you’re planning a purchase or refinance—I’d be happy to help you work through the choices.
Chris Cavaghan
Modern Mortgage Group | Dominion Lending Centres
ccavaghan@dominionlending.ca
chriscavaghan.ca