{"licence":"Adapted from Statistics Canada (Open Licence: https://www.statcan.gc.ca/en/terms-conditions/open-licence) and Bank of Canada data (https://www.bankofcanada.ca/terms/). CMHC data via Statistics Canada. This does not constitute an endorsement by Statistics Canada or the Bank of Canada. Calculated by CostWatch.ca; see https://costwatch.ca/methodology.","module":"mortgage","schemaVersion":"4.1.0","methodologyVersion":"1.1","moduleId":"mortgage-2026-08","status":"production","generatedAt":"2026-09-27T14:08:01.886Z","sources":[{"id":"boc-rates","publisher":"Bank of Canada","name":"Bank of Canada interest rates: policy rate, prime rate, 5-year conventional mortgage rate","table":"V80691335, V39079, V80691311","url":"https://www.bankofcanada.ca/rates/interest-rates/","usedFor":"Mortgage rates for the mortgage calculator and historical mortgage payments; policy rate timeline","releasedAt":"2026-09-24","retrievedAt":"2026-09-27T14:08:01.714Z","latestPeriod":"2026-08","snapshot":"2026-09-27T14-08-01-714Z","snapshotSha256":"08cd2faa558eee450c48f3bcb381ac7dfbe322e6f21c325a18e57693ca530219"},{"id":"nhpi","publisher":"Statistics Canada","name":"New housing price index, monthly","table":"18-10-0205-01","url":"https://www150.statcan.gc.ca/t1/tbl1/en/tv.action?pid=1810020501","usedFor":"Change in new-home prices over time (scales a home price to earlier years)","releasedAt":"2026-09-17T08:30","retrievedAt":"2026-09-27T14:07:58.226Z","latestPeriod":"2026-08","snapshot":"2026-09-27T14-07-58-226Z","snapshotSha256":"5dfc4c2764650d4a6a24877a5a1b7ffafaf2a78d7671f540e8c8873ea0ce1897"},{"id":"wages","publisher":"Statistics Canada","name":"Employee wages by industry, monthly, unadjusted for seasonality (Labour Force Survey)","table":"14-10-0063-01","url":"https://www150.statcan.gc.ca/t1/tbl1/en/tv.action?pid=1410006301","usedFor":"Average hourly wage: wage growth and work-time measures","releasedAt":"2026-09-04T08:30","retrievedAt":"2026-09-27T14:07:48.919Z","latestPeriod":"2026-08","snapshot":"2026-09-27T14-07-48-919Z","snapshotSha256":"e2b99c8fe0b8d7cadd7b12be976d83e1682a4e601767daf24f1374ee368189b3"}],"metrics":[{"code":"mortgage_payment","version":"1"},{"code":"mortgage_pressure","version":"1"}],"periods":{"rates":"2026-08","comparison":"2026-08"},"data":{"latest":{"posted5y":{"date":"2026-09-23","value":6.09},"policy":{"date":"2026-09-24","value":2.25},"prime":{"date":"2026-09-23","value":4.45}},"history":{"start":"2016-08","posted5y":[4.74,4.64,4.64,4.64,4.64,4.64,4.64,4.64,4.64,4.64,4.64,4.74,4.84,4.85,4.91,4.99,4.99,5.08,5.14,5.14,5.14,5.3,5.34,5.34,5.34,5.34,5.34,5.34,5.34,5.34,5.34,5.34,5.34,5.34,5.34,5.25,5.19,5.19,5.19,5.19,5.19,5.19,5.19,5.12,5.04,4.99,4.94,4.94,4.83,4.79,4.79,4.79,4.79,4.79,4.79,4.79,4.79,4.79,4.79,4.79,4.79,4.79,4.79,4.79,4.79,4.79,4.79,4.79,4.89,5.09,5.7,6.07,6.14,6.14,6.32,6.49,6.49,6.49,6.49,6.49,6.49,6.49,6.49,6.49,6.8,6.84,7.04,7.04,7.04,6.95,6.83,6.84,6.84,6.84,6.84,6.79,6.69,6.59,6.49,6.49,6.49,6.49,6.49,6.49,6.49,6.19,6.09,6.09,6.09,6.09,6.09,6.09,6.09,6.09,6.09,6.09,6.09,6.09,6.09,6.09,6.09],"policy":[0.5,0.5,0.5,0.5,0.5,0.5,0.5,0.5,0.5,0.5,0.5,0.67,0.75,0.96,1,1,1,1.12,1.25,1.25,1.25,1.25,1.25,1.42,1.5,1.5,1.57,1.75,1.75,1.75,1.75,1.75,1.75,1.75,1.75,1.75,1.75,1.75,1.75,1.75,1.75,1.75,1.75,0.95,0.25,0.25,0.25,0.25,0.25,0.25,0.25,0.25,0.25,0.25,0.25,0.25,0.25,0.25,0.25,0.25,0.25,0.25,0.25,0.25,0.25,0.25,0.25,0.48,0.79,1,1.48,2.07,2.5,3.07,3.32,3.75,4.13,4.3,4.5,4.5,4.5,4.5,4.69,4.9,5,5,5,5,5,5,5,5,5,5,4.79,4.7,4.5,4.29,4.12,3.75,3.43,3.23,3,2.85,2.75,2.75,2.75,2.75,2.75,2.65,2.48,2.25,2.25,2.25,2.25,2.25,2.25,2.25,2.25,2.25,2.25],"prime":[2.7,2.7,2.7,2.7,2.7,2.7,2.7,2.7,2.7,2.7,2.7,2.83,2.95,3.14,3.2,3.2,3.2,3.3,3.45,3.45,3.45,3.45,3.45,3.64,3.7,3.7,3.75,3.95,3.95,3.95,3.95,3.95,3.95,3.95,3.95,3.95,3.95,3.95,3.95,3.95,3.95,3.95,3.95,3.33,2.45,2.45,2.45,2.45,2.45,2.45,2.45,2.45,2.45,2.45,2.45,2.45,2.45,2.45,2.45,2.45,2.45,2.45,2.45,2.45,2.45,2.45,2.45,2.65,2.95,3.2,3.6,4.2,4.7,5.26,5.45,5.95,6.33,6.45,6.7,6.7,6.7,6.7,6.89,7.08,7.2,7.2,7.2,7.2,7.2,7.2,7.2,7.2,7.2,7.2,7.01,6.9,6.7,6.51,6.35,5.95,5.7,5.45,5.2,5.08,4.95,4.95,4.95,4.95,4.95,4.89,4.7,4.45,4.45,4.45,4.45,4.45,4.45,4.45,4.45,4.45,4.45]},"comparison":[{"yearsAgo":0,"period":"2026-08","nhpi":120.4,"postedRatePct":6.09,"hourlyWageCad":37.02},{"yearsAgo":5,"period":"2021-08","nhpi":118,"postedRatePct":4.79,"hourlyWageCad":30.45},{"yearsAgo":10,"period":"2016-08","nhpi":99.1,"postedRatePct":4.74,"hourlyWageCad":26.12}],"defaults":{"homePrice":500000,"downPaymentPct":20,"amortizationYears":25}}}