The 30-year fixed-rate average for this week is 1.13 percentage points below the 52-week high of 5.10 percent, and is 0.03.
Popularity of 10-year fixed mortgage rates. With only 7% of Canadians having mortgage terms between six and 10 years, long terms are not a popular choice in Canada. They are even less popular amongst younger age groups at only 3% uptake in ages 18-34. Fixed mortgage rates, however, are most common, at 66% of all mortgages in Canada with little variation amongst age groups.
Bank Mortgage Rates Comparison Fed Interest Rates Today The Fed changed its strategy on interest rates – here’s. – The Fed abruptly ended two years of aggressive interest rate hikes, signaling the longest economic expansion on record may be coming to a close.