AGENT LICENSE ID
Alberta
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Garth Lyon
Senior Mortgage Professional
Office:
Phone:
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Address:
103, 901-8 Avenue, Canmore, Alberta
Opinion: Are fixed mortgage rates poised to rise? Here’s why I think so.
4/4/2024
THINK OUTSIDE THE BOX: It seems that the Canadian bond market has a spring in its step these days. After hitting a low around 3.26% in January, the Government of Canada 5-year bond yield—which typically leads fixed mortgage rates—finished Tuesday’s session at 3.63% after reaching an intraday high of around 3.66%. It may be a good time to get your pre-approval in, to get your rate locked in, and maybe variable-rate clients want to consider converting to a fixed rate now. Click here to read article.