Mortgage Rates Are Surging | More Rate Hikes Coming? [4d5aMUXzzvN]
📅 Schedule A Call With Me → 📚 Home Sellers Blueprint → 📚 Home Buyers Blueprint → 🏠 Home Evaluation → 🔎 Start Your Home Search → 🧮 Mortgage Calculator → 🧮 Property Transfer Tax → 🧮 Seller Net Sheet → 🧮 Buy vs Rent → 🧮 Investor ROI → 📲 Follow Me On Instagram → 🐺 Realtors Partner With Me → 📞 Call or Text Me: (604) 288-7245 Canada's 5-year bond yield has surged 80 basis points in under a month. Fixed mortgage rates have already moved up 30 basis points in the last week alone. And financial markets are now pricing in three Bank of Canada rate hikes before the end of 2026 — a complete reversal from just weeks ago when zero hikes were expected. If you own property in Vancouver or you are facing a mortgage renewal in 2026, this video breaks down exactly what is happening, why it is happening, and what you should be doing about it right now. In this video I walk through the two separate forces pushing borrowing costs higher — the Bank of Canada's overnight rate and the bond market — and why most homeowners only understand one of them. I also break down what senior deputy governor Carolyn Rogers said about Vancouver house prices that you almost never hear from a central banker, why February's inflation reading of 1.8% actually matters more than the bond market is giving it credit for, and why this situation is fundamentally different from 2022 even though it is starting to feel familiar. I also cover the population data that most people are missing. Canada's population declined on an annual basis for the first time in the history of this country. As of January 1st 2026 the population sat at 41.47 million, down 102,000 from the year prior. Vancouver's purpose-built rental vacancy rate has hit 3.7%, the highest level since 1988. Average apartment rents are down 9.2% year-over-year. This is not a market with excess demand — and that context matters enormously when you are trying to understand where rates and prices go from here. If you are one of the over one million Canadian homeowners coming up for mortgage renewal in 2026, this video is essential. Most of those mortgages were locked in at historic lows below 2% in 2021. The payment shock at current rates is already 15 to 20%. If bond yields stay elevated, it gets worse. I give you three specific strategies depending on whether you are a current owner facing renewal, a prospective buyer, or someone trying to understand where this market goes over the next 60 to 90 days. The Bank of Canada's next rate announcement is April 16th. By then we will have the March inflation data — the first reading that captures the full impact of the energy price spike. That announcement is one of the most consequential rate decisions in years for the Vancouver housing market. I will break it down for you the same way when it comes out. Questions this video answers: Will the Bank of Canada raise interest rates in 2026? What is happening to fixed mortgage rates in Canada right now? Why are bond yields rising in Canada? What did the Bank of Canada say about Vancouver house prices? Should I lock in my mortgage rate now or wait? What happens to Vancouver real estate if rates go up? How does the oil price spike affect Canadian mortgage rates? What is the Canada 5-year bond yield and why does it matter for homeowners? Is Vancouver real estate going to crash in 2026? What should I do if my mortgage is up for renewal in 2026? Why are Vancouver rents falling? What is Canada's mortgage renewal cliff in 2026? Timestamps: 0:00 — What just happened to bond yields and fixed rates 2:15 — What Carolyn Rogers said about Vancouver house prices 4:30 — The two forces driving your borrowing costs higher 7:00 — Why oil prices are the real driver right now 9:20 — February inflation came in at 1.8% — what that means 11:00 — Markets vs economists: who is right about rate hikes 13:15 — Canada's population decline and what it means for Vancouver 15:30 — Vancouver rents down 9.2% — a 38-year high vacancy rate 17:00 — The 2026 mortgage renewal wave explained 19:30 — Three strategies depending on your situation 22:00 — Watch the April 16th Bank of Canada announcement ───────────────────── 🎥📝 *Must Watch Playlists * 📝 🎥 🚶🏻♀️ Follow my Social Media Journey 🚶🏻♂️ Vancouver Realtor 🏢 eXp Realty Luxury Canada 💻 [email protected] 📱 604-288-7245