AGENT LICENSE ID
Alberta
Garth Lyon
Senior Mortgage Professional
Office:
Phone:
Email:
Address:
103, 901-8 Avenue, Canmore, Alberta
Lenders hiking fixed mortgage rates again as bond yields hit a 13-year high
6/9/2022
THINK OUTSIDE THE BOX: The Government of Canada 5-year bond yield, which leads fixed mortgage rates, has been on a tear, surpassing the 3.20% threshold this week—a level not seen since 2008. It has now risen over 60 basis points in under two weeks, closing higher each day since May 27. Click here to read article
