Optimism returns to the markets. Could fixed rates start to increase? – Mortgage rates and mortgage broker news in Canada – Canadian mortgage trends

Optimism returns to the markets. Could fixed rates start to increase? – Mortgage rates and mortgage broker news in Canada – Canadian mortgage trends

Bond yields in Canada and the United States surged on learning that Pfizer’s COVID-19 vaccine was more than 90% effective in its trials. Following Monday’s announcement, the very significant 5-year bond yield now hovers around 0.50% for the first time since early June. As bond yields lead to fixed mortgage rates, some observers have suggested […]

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