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Lenders hike fixed rates yet again, bringing them closer to 4.5%

Among national lenders, the average uninsured 5-year fixed rate is now 4.37%, up from 3.92% a month ago, according to data tracked by Rob McLister, rate analyst and editor of Mortgage Logic. The average rate for an insured 5-year fixed mortgage, meaning that with a down payment of less than 20%, is now 4.14%, up from 3.78% a month ago.

https://www.canadianmortgagetrends.com/2022/05/lenders-hike-fixed-rates-yet-again-closing-in-on-4-5/