Abhi (Abby) Uppal
Mortgage Specialist - MB608062
Tel: 250-391-2933 | Cell: 250-883-7069
Toll-Free877-391-2933 | Fax: 250-391-2985
Abhi (Abby) Uppal
Mortgage Specialist - MB608062
Tel: 250-391-2933 | Cell: 250-883-7069
Toll-Free877-391-2933 | Fax: 250-391-2985
Canadianbond yields jumped 61 basis points in the last 2 months.
Fixed mortgage rates generally follow the trend.
US 10 year treasuries also continue to move higher, adding a further push towards higher Canadian mortgage rates.
As a result if people become risk tollerant we could see variable rates gaining popularity.
Source: https://www.canadianmortgagetrends.com/2024/11/experts-predict-canadian-mortgage-rates-will-rise-following-this-weeks-surge-in-bond-yields/?utm_campaign=Daily%20News&utm_medium=email&_hsenc=p2ANqtz-83jUKX88_ZXN2i-wm86wziDRJmr-vg2wFVzmX9ZKlrUIrjU-mu5sUrzaGuNYitVZlKfmOfB6Rlh90G-k-XDbZEHjztumbEO1DbEr9KXuKbP0PukIA&_hsmi=335218152&utm_content=335218152&utm_source=hs_email
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