Mortgage Rates 2024 Canada Bmo. There is heavy upward pressure on fixed rates as bond yields have risen above 3% following a stronger. Compare mortgage rates from canada’s big 6 banks, see current and historical average mortgage rates, and view mortgage features for rbc, td,.

Bond yields continue to tick higher into the 2.8% range, which could put upward pressure on fixed mortgage rates should they continue to. The bank’s residential mortgage portfolio stood at $141.7 billion as of jan 31, 2023.