Canada's Fixed Mortgage Rates Plunge on Tariff Worries

#canadianmortgagerates #canadarealestate #canadianrealestate Canada’s fixed mortgage rates are plunging below 4% amid worries over U.S. tariffs, providing “Booster Juice” for the real estate market – according to the Financial Post. Links: Canadian fixed mortgage rates are dropping as U.S. tariffs shake markets: https://www.canadianmortgagetrends.com/2025/02/bond-yields-plunge-to-near-3-year-low-on-u-s-tariffs-paving-the-way-for-fixed-rate-cuts/ Canada 5 Year Government Bond: https://www.marketwatch.com/investing/bond/tmbmkca-05y?countrycode=bx Macklem says tariffs would damage the ‘long-run prosperity’ of Canadian and Mexican economies: https://financialpost.com/news/economy/tariffs-damage-canada-mexico-economic-prosperity-tiff-macklem Falling fixed mortgage rates could be booster juice for buyers: https://financialpost.com/real-estate/mortgages/mortgage-rates/falling-fixed-mortgage-rates-could-be-booster-juice-for-buyers Treasury Keeps Plans for Bond Issuance Steady. It’s a Relief, for Now.: https://www.barrons.com/articles/treasury-refunding-bond-issuance-b685f026 Bessent Says He, Trump Are Focusing on 10-Year Yields, Not Fed: https://financialpost.com/pmn/business-pmn/bessent-says-he-trump-focus-on-10-year-yields-not-pushing-fed Treasury yields rise after consumer inflation sentiment darkens, January wages surge: https://www.nbclosangeles.com/news/business/money-report/2-year-treasury-yield-rises-ahead-of-key-january-jobs-report/3627203/?os=qtftbmru&ref=app Bessent’s Plan for Cutting Debt Isn’t Enough. He May Need a Good Dose of ‘Repression.’: https://www.barrons.com/articles/bessent-rates-debt-doge-repression-340c96b1 'Radically less': Canadian fixed-rate mortgages falling on lower bond yields: https://ca.finance.yahoo.com/news/radically-less-canadian-fixed-rate-mortgages-falling-on-lower-bond-yields-152537044.html January jobs report: Unemployment rate falls to 4%, wages rise more than forecast as US labor market remains resilient to start 2025: https://ca.finance.yahoo.com/news/january-jobs-report-unemployment-rate-falls-to-4-wages-rise-more-than-forecast-as-us-labor-market-remains-resilient-to-start-2025-133442714.html US consumer sentiment drops as inflation expectations surge: https://www.reuters.com/markets/us/us-consumer-sentiment-drops-inflation-expectations-surge-2025-02-07/ U.S. 10 Year Treasury Note: https://www.marketwatch.com/investing/bond/tmubmusd10y?countrycode=bx ‘Serious momentum’: Jobs data blows past estimates as unemployment falls to 6.6%: https://www.thestar.com/business/serious-momentum-jobs-data-blows-past-estimates-as-unemployment-falls-to-6-6/article_6878c657-1c02-5d73-8f19-910b07f4d94a.html Odds of Bank of Canada interest rate cut in March drop after jobs beat: https://financialpost.com/news/economy/bank-of-canada-rate-cut-odds-drop-after-jobs-beat ATI: Activist Treasury Issuance and the Tug-of-War Over Monetary Policy: https://www.hudsonbaycapital.com/documents/FG/hudsonbay/research/635102_Activist_Treasury_Issuance_-_Hudson_Bay_Capital_Research.pdf Treasury Confirms Calendar Year 2024 Deficit Tops $2.0 Trillion: https://www.crfb.org/press-releases/treasury-confirms-calendar-year-2024-deficit-tops-20-trillion Bessent Takes the Helm on US Debt Sales After Blasting Yellen: https://financialpost.com/pmn/business-pmn/bessent-takes-the-helm-on-us-debt-sales-after-blasting-yellen Wall Street Is Nervous About Scott Bessent’s Borrowing Plans: https://www.wsj.com/finance/investing/federal-debt-scott-bessent-treasury-investors-864a2131 Bessent Calms Markets by Leaving US Dollar, Debt Plans Intact: https://www.msn.com/en-us/money/markets/bessent-calms-markets-by-leaving-us-dollar-debt-plans-intact/ar-AA1yyCl1?ocid=finance-verthp-feeds Mark Mitchell – Mortgage Broker London Ontario 920 Commissioners road east London, Ontario N5Z 3J1 Phone: (519)860-2102 (Call or Text) MarkMitchell@LondonOntarioMortgages.ca Brokerage Lic: 10464 Broker Lic: M16001479 https://www.LondonOntarioMortgages.ca – Apply Online!! Youtube Channel: https://www.youtube.com/c/MarkMitchellMortgageBrokerLondonOntario Subscribe NOW for more Mortgage/Financial News/Videos. Follow me on Social Media: Instagram - https://www.instagram.com/mortgagebrokerlondonontario Facebook - https://www.facebook.com/londonontariomortgages Twitter - https://twitter.com/londonmortgage1/ LinkedIn - https://www.linkedin.com/in/mark-mitchell-london-s-mortgage-broker-197842123/ TikTok - https://www.tiktok.com/@mortgagebrokerlondon?lang=en Commentary on this Channel should not be considered financial advice.