The Canadian Associations of Accredited Professionals released their Fall Consumer Report - Annual State of the Residential Mortgage Market in Canada - November 2013. Along with introduction and summary, included are some interesting statistics, consumer sentiment and outlook for the Housing Market. A key survey for us at Comparemyrates.ca are the Average Interest Rates. The Average Interest Rates for all mortgages are 3.65% for Fixed-rate, 3.0% for Variable or Adjustable Rates and 3.70% for Combination. Impact of Future Rises in Interest Rates was addressed and analyses found vast majority of borrowers were positioned to afford payment increases and survey showed substantial shares of mortgage borrowers have voluntarily increased their regular mortgage payments or made lump sum payments. These surveys indicate if interest costs increase, borrowers can reduce their payments. Here is the link to read more from the Annual State of the Residential Mortgage Market in Canada - November 2013. Compare Best Mortgage Rates Canada