Conventional 5-year mortgage rate (posted)
The posted rate chartered banks advertise for a 5-year conventional mortgage.
Weekly, delayed Observed 2026-10-28 · retrieved 2026-11-03 · Source: Bank of Canada · Not a live quote.
Conventional 5-year mortgage rate (posted) over time
Weekly observations. Use the period buttons to change the range; the table beneath the chart lists the values.
Conventional 5-year mortgage rate (posted)
%.
Chart loads when it comes into view.
Latest values: Conventional 5-year mortgage rate (posted) 6.19 (2026-10-28).
Related relationships: Prime and posted mortgage rates · 5 relationships use this data as evidence
What this indicator is and why it is watched
What it measures
The posted rate chartered banks advertise for a 5-year conventional mortgage.
Why it is watched
It is a reference for the cost of fixed-rate home financing.
How it connects to the wider economy
Context, not a claim of cause.
Posted rates are not what most borrowers pay after negotiation and discounts, so this series shows the direction of mortgage costs rather than the rate on any one mortgage. Five-year fixed rates have moved with five-year bond yields in the past; the strength of that link is a question to test.
Northline describes relationships as documented mechanisms, statistical associations or hypotheses. Nothing on this page states that a movement in this indicator caused a movement in another.
How the data are produced
- Publisher
- Bank of Canada
- Dataset
- V80691335
- Frequency
- Weekly
- Unit
- %
- Observations
- 1,400 (long history)
- Retrieved
- 2026-11-03
- Series id
ca24_mtg5
Weekly observations, Bank of Canada. Posted rates, not negotiated rates.
Source: Bank of Canada, Conventional mortgage, 5-year (V80691335). Content reused under the Bank of Canada terms (https://www.bankofcanada.ca/terms/); changes: values unchanged.
Licence conditions: see source terms: https://www.bankofcanada.ca/terms/; attribution required.
Missing observations are left missing and are never interpolated. Statistical agencies can revise published values; the observation date and retrieval date above identify the version shown. Methodology and sources.
Take it into Intelligence Studio
Add this indicator to a workspace with related series and the recorded relationships.
Open Conventional 5-year mortgage rate (posted) in Studio
Questions worth testing
- How have posted mortgage rates and housing starts moved together?
- How closely do 5-year mortgage rates follow the 5-year bond yield?
In Studio, the Scenarios tab can ask a what-if question about this indicator. Scenario Intelligence applies its usual checks: when there is too little history, the series are not comparable or the relationship is not stable, it reports “not enough evidence” rather than a number.