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Blog by Linda M Linfoot

Residential Market Update

April 18th, 2019
Anyone who has been watching knows that bond yields are falling and taking fixed rate mortgages with them. The recent economic slowdown in both Canada and the U.S. has pushed down yields on five year government bonds on both sides of the border. Those yields are used as the basis for setting interest rates on fixed mortgages.
An economic indicator known as the yield curve is has been getting ...