The Financial Post reports in its Friday edition that if the bond market is accurate, mortgage shoppers may save this month. The Post's guest columnist Robert McLister writes that money market traders see a two in three chance of a Bank of Canada rate cut on Sept. 17, despite core inflation being above 3 per cent. Much depends on upcoming employment and inflation data due on Sept. 5 and 16. Currently, mortgage pricing has not changed in two weeks. If economic data is weak, fixed rates could dip into the high 3-per-cent range. As it stands, lenders like True North Mortgage feature fixed rates as low as 3.99 per cent for a three-year term. Regional providers, like Butler Mortgage, advertise five to ten basis points lower. As for the lowest published five-year fixed, Citadel Mortgage leads at 3.94-per-cent insured and 4.04-per-cent uninsured. If you are in Ontario, however, you may find more savings at Ratebuzz. Its five-year clocks in at 3.84 per cent insured and 3.94 per cent uninsured. Last, expect floating rates to garner more interest with talk of Bank of Canada cuts -- although one cut would simply bring variables in line with the lowest three-year fixed rates. Markets are only pricing in one more drop in prime after that.