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mortgage rates 2026 rising with digital home and interest rate icons illustrating housing market trends

Mortgage Rates Are Rising AgainAnd It’s Not Just the Fed

The brief window when US mortgage rates dipped below 6% has closed. Between the US–Iran conflict, three consecutive Fed pauses, and rising bond yields, both fixed and variable mortgage rates face upward pressure. This deep-dive analysis covers every factor driving rates in 2026 — and delivers a clear verdict on what Canadian first-time buyers and investors should do right now.

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