As illustrated in the above chart, the Government of Canada 5-Year Bond Yields increased by 45 basis points (0.45%) from September 14th through October 15th (at time of writing). Why does this matter? 5-year fixed mortgage rates typically follow the 5-year […]
Alexandra Carlin – Salesperson at Royal LePage Signature Realty
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Mortgage
Bank of Canada Interest Rate Update On eight scheduled dates each year, the Bank of Canada issues a press release announcing its decision for the overnight rate target, together with a short explanation of the factors influencing the decision. This […]
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