Fixed Mortgage Rates Edge UP | Canada Real Estate

The Trump effect on US Treasuries has shown up & pushed those Yields upwards, The Canadian 5 – Yr Bond Yields followed suit, we will see some slight upward movement in the 5 – Yr Fixed Rate in Canada. Should we worry? New Trend? Might just be election jitters, time will tell. There is a simple strategy: Take Variable. The American public clearly had some concerns about their economy which is MUCH better than Canada’s. With Inflation low & Unemployment likely to keep growing the Bank of Canada will just keep cutting

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