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EPISODE · Jun 11, 2026 · 9 MIN

The BoC Held Rates — But Read the Fine Print

from Mortgagenomics Canada

Contact Marko Gelo, he's a Mortgage Broker! 604-800-9593 cell/text Vancouver 403-606-3751 cell/text Calgary Call Marko via WhatsApp homefinancingsolutions.ca The Bank of Canada held its policy rate at 2.25% this week for the fifth straight time, with Governor Macklem openly admitting that war, tariffs, and oil make 2026 anyone's guess. What most people missed is the fine print: the Bank described future hikes as "consecutive increases" while easing got a single "cut" — and central bankers choose those words deliberately. In the full episode, I break down why the bond market is pricing a hike by December, and why fixed-leaning terms now model out cheapest even if hikes don't arrive until 2028. If you're renewing or buying in the next year, this episode is definitely worth your time. CLICK HERE to be redirected to the blog version of this episode. CLICK HERE to be redirected to Mortgagenomics Canada Podcast YouTube Channel CLICK HERE to download Marko's award-winning Mobile Mortgage App! Hosted on Acast. See acast.com/privacy for more information.

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The BoC Held Rates — But Read the Fine Print

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