After some very bleak reports in the media surrounding the world’s economic crisis, it seems that Canadian markets are finally beginning to show a bit of color. And that color… Read it »
Well, we’ve seen some massive rate increases from most of our lenders in the past week and a half. This has been in response to bond yields increasing. If you’re… Read it »
From one of our lenders: Canadian 5 yr bond yields +14bps to 2.71- Four weeks ago it was 2.07. The spread, based on new 5 yr rate of 4.09%, is… Read it »
Good news! One of First Foundation’s mortgage lenders has dropped it’s rates on it’s Adjustable Rate Mortgage product to Prime +.4%. It’s still not as good as the “good old… Read it »
CMHC is predicting a rebound in the Canadian housing market next year, according to the Financial Post. The article is specific to new home construction, so it doesn’t tell the… Read it »
I’ve been doing some analysis of bond yields recently and if you watch the trends carefully, you might agree that fixed-rate interest rates may be on the rise. If you’re… Read it »
