This is still pathetic.   When I took out my mortgage over 10 years ago rates were 5% or more.   This is still emergency level rates, with the emergency gone.   As matter of fact this only gives back the July 2015 rate decrease nothing more.   Poloz only did the 2 rate decreases in 2015 for insurance purposes and the oil decline.  Well that has past us by, time to normalize these, and those who have the huge debt pile, well that is your fault, no one told you to get greedy and take it on.