Mortgage Blog

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Global events can influence mortgage rates, even when they happen far from home

March 11, 2026 | Posted by: Angela Robinson

Recent conflict in the Middle East has pushed oil prices higher and created uncertainty in global bond markets. Because Canadian fixed mortgage rates are tied to Government of Canada bond yields, this volatility can lead to upward pressure on fixed rates. Variable rates haven’t changed yet, but the outlook for future rate cuts is becoming less certain. In times like these, the most important step is having a mortgage strategy that fits your financial situation and risk tolerance.

Alberta Mortgage Professionals is here to help you understand your options and navigate changing market conditions with confidence. Contact us today at 780 701 3888 or marc@albertamortgagepros.ca

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