This article and Video is a great run down on what is happening to Mortgage rates in Canada.
If you are interested in hearing more about what you can do to refinance, get a lower rate or get pre approved it is often a good idea to chat with your mortgage specialist. Similar to money management it is always good to have someone who is looking after your mortgage and helping you stay on top of what to do with regards to one of your biggest asssets. If you do not have someone looking after this I have a few very trusted professionals that I would be happy to pass on to you. Good luck!