Mortgage rates are going up at Canada’s major banks.

Royal Bank, Bank of Montreal, TD Bank and Laurentian Bank put the new rates into effect Friday.

The other major banks are raising theirs on Saturday or after the holiday weekend.

Most rates are going up by 0.10% to 0.25%, depending on the term.

Bank of Nova Scotia is raising its five-year mortgage rate by 0.19% to 6.84%. The five-year mortgage at CIBC is going up 0.20% to 6.84%.

Bay Street economists predict that rising inflation will force the Bank of Canada and U.S. Federal Reserve to raise interest rates.