Dinesh JindalREALTOR®
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GTA market news

Today's rates, the latest housing headlines, and Dinesh's take on what they mean for buyers and investors.

Today's rates

Rates from the Bank of Canada
Bank of Canada rate2.50%unchanged · Nov 8, 2026Target for the overnight rate. Drives variable mortgage rates.
Prime rate4.70%▲ 0.25 · Nov 3, 2026Big-bank prime. Variable mortgages are priced off it.
5-year bond yield3.35%▼ 0.01 · Nov 8, 2026Government of Canada 5-year. Fixed mortgage rates follow it.

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