fbpx

HOMEPORTAL

Homeportal

Menu

fixedmortgage

Lower Bond Yields Mean Lower Fixed Mortgage Rates

Blogs / / / , , , , ,

Lower Bond Yields Mean Lower Fixed Mortgage Rates Mortgage debtors may finally see some relief after months of steadily increasing rates. Five-year fixed mortgage rates have declined modestly over the past week in response to falling bond yields. Moreover, economic indicators suggest we may have already seen our last price peak. Bond yields on Canada’s […]

Lower Bond Yields Mean Lower Fixed Mortgage Rates Read More »

Fixed mortgage rate vs. Variable mortgage rate: How do they work?

Blogs / / / , , , , ,

Fixed mortgage rate vs. Variable mortgage rate: How do they work? Canadian mortgage applicants can select either a fixed or variable interest rate. The overall interest cost of a mortgage will be affected by the interest rate structure chosen. Your interest rate will either be locked in (called “fixed”) for the duration of your mortgage

Fixed mortgage rate vs. Variable mortgage rate: How do they work? Read More »