If you’re planning to buy a home or renew your mortgage in 2025, it might be time to move fast and get a rate hold. Lenders are starting to increase fixed mortgage rates due to inflation worries and global trade uncertainty.

Continue reading or watch my video for more details:

What’s Driving Rates Right Now?

There’s renewed pressure on interest rates thanks to U.S. tariff talk and bond market reaction. Even if it turns out to be temporary, the immediate effect has been a wave of fixed-rate hikes from Canadian lenders.

Why a 120-Day Rate Hold Matters

A rate hold gives you up to 4 months of protection against rate increases. It’s free, and you’re not committed to anything, so it’s a smart move whether you’re house hunting or just preparing to renew later this year.

Get a Rate Hold Now, Decide Later

You don’t need to have all the answers yet. A rate hold lets you buy yourself time while you watch what happens in the market. If rates fall, you can adjust. If they go up, it has you covered.

Whether you are preparing to buy your first home or thinking about making a move, if you’re looking to get pre-approved for a mortgage in Edmonton, fill out my online application. I’m here to help you every step of the way.

About Jason Scott, Edmonton Mortgage Broker

Looking for a personalized mortgage solution? As an Edmonton Mortgage Associate, I’m trusted partner who will help you get the right mortgage for your home or investment property. I’m Jason Scott, and I’ll be your Mortgage Broker in Edmonton.