Live Macro-Economic Data & Indicators
Interactive Charts with Live Macro-Economic Data
Live Macro-Economic Data:
SOBO Mortgage believes our clients make the best decisions when they have access to current, factual and un-biased information.
The macro-economic indicators here can provide you with a deeper of the mortgage rate market, and economic conditions on a whole.
Our data sources are LIVE.
Zoom In to our Local Real Estate Market Trends & Data Here:
How do Bond Yields Impact Mortgage Rates?
Bond yields are the main driver of fixed rates, but also provide a hive-mind market prediction of where the Bank of Canada overnight rate may land within the same time frame.
Use the zoom feature to get a closer look at bond yields for 2, 5, and 10-year durations. New data added daily.
Relevant Link: How do Bond Yields Impact Fixed Rates?
How Does Inflation Impact Interest Rates?
Inflation is the primary driver of interest rates. Higher Inflation = Higher Rates. The opposite is also true.
Use the zoom feature above to view current inflation trends and get a glimpse into the main driver of interest rates. New data is added monthly. TARGET RANGE IS 1-3%.
Bank of Canada Overnight Rate
About the BOC Overnight Rate:
How Does the Bank of Canada Impact Mortgage Rates?
The Overnight Lending Rate is the Bank of Canada’s primary tool to manipulate monetary policy, both guarding against inflation and stimulating the economy. The policy rate is determined 8 times per year and directly affects variable mortgage rates.
Use this zoom feature to gain insight into the history of this relationship and also current trends.
New data added daily. *Note > Current Rate Data is delayed approximately 3 months from Source (Bank of Canada).
Relevant Article: Fixed or Variable Rates?
