Mortgage rates move — but in the wrong direction
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A row of houses on Bentinck Street in Sydney, N.S. Photo by LUKE DYMENT/CAPE BRETON POST FILESArticle contentAmong national mortgage-rate leaders, all the changes this week were in the wrong direction: up.Sign In or Create an AccountEmail AddressContinueor View more offersArticle contentThree- and five-year uninsured fixed rates popped five to 15 basis points, as did three-year insured rates.Article contentWe apologize, but this video has failed to load.Try refreshing your browser, ortap here to see other videos from our team.We apologize, but this video has failed to load.Try refreshing your browser, ortap here to see other videos from our team.Play VideoArticle contentHybrid mortgages — which are part fixed and part variable — also had a 10-basis-point rate bump and are back above four per cent.Article contentAs this is being written, a few standout bargains still linger:Article contentArticle contentPine’s 4.09 per cent five-year fixed (uninsured)Alterna Bank’s 3.94 per cent three-year fixed (insured)Coast Capital’s 3.94 per cent five-year fixed (uninsured)Butler Mortgage’s and RateBuzz’s 3.39 per cent variable (insured, Alberta, B.C. and Ontario only)Butler Mortgage’s 3.84 per cent fixed (uninsured, Alberta, B.C. and Ontario only)Butler Mortgage’s 3.59 per cent fixed (insured, Alberta, B.C. and Ontario only)True North’s 3.99 per cent two-year fixed (insured)Article contentTop StoriesGet the latest headlines, breaking news and columns.There was an error, please provide a valid email address.Sign UpBy signing up you consent to receive the above newsletter from Postmedia Network Inc.Thanks for signing up!A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againInterested in more newsletters? Browse here.Article contentWe don’t usually see tremendous mortgage rate movement around Christmas, so, barring an unexpected spurt in bond yields, expect calm waters into the new year.Article contentRobert McLister is a mortgage strategist, interest rate analyst and editor of MortgageLogic.news. You can follow him on X at @RobMcLister.Article contentLooking to save on your mortgage?Article contentFor the best national insured and uninsured mortgage rates, updated daily, please visit our mortgage rate page here.Article contentTrending Tax Court overturns CRA decision to deny bitcoin loss writeoff Taxes Philip Cross: The sad story of Justin Trudeau’s 'youthful idiots' FP Comment Posthaste: Here's where home prices plunged the most in tough year for Canada's housing market News Welcome to the K-shaped economy: Canadians look back on a 'brutal,' 'great' year in Trump's trade war Economy Amid a wave of mortgage renewals, borrowers will have leverage in 2026 Mortgages Share this article in your social networkCommentsYou must be logged in to join the discussion or read more comments.Create an AccountSign in Join the Conversation Postmedia is committed to maintaining a lively but civil forum for discussion. Please keep comments relevant and respectful. Comments may take up to an hour to appear on the site. You will receive an email if there is a reply to your comment, an update to a thread you follow or if a user you follow comments. Visit our Community Guidelines for more information. Tax Court overturns CRA decision to deny bitcoin loss writeoff Taxes Philip Cross: The sad story of Justin Trudeau’s 'youthful idiots' FP Comment Posthaste: Here's where home prices plunged the most in tough year for Canada's housing market News Welcome to the K-shaped economy: Canadians look back on a 'brutal,' 'great' year in Trump's trade war Economy Amid a wave of mortgage renewals, borrowers will have leverage in 2026 Mortgages