Mortgage Rates

Bond Yields Plunge but Mortgage Rates Go Up





This Week’s Mortgage Minute(TM) covers two areas where Canadian mortgages are being impacted by Covid-19.
Mortgage Deferrals and Mortgage Rates
The big story continues to be the fact that as bond yields drop, banks are raising their fixed 5-year mortgage rates – it should be the opposite!
Why?
Risk Premium Pricing and lack of Liquidity
Will Quantitative Easing be the solution?
Watch this week’s Mortgage Minute(TM) to learn more.

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