Thursday, August 4, 2011

Bond yields - future for Rates

Hello Everyone,

Canada bond yields have dropped substantially this week as investors have been moving money from stocks into safer investments like bonds. If these yields hold we could see mortgage rate reductions on most of the fixed terms over the next week or two.


ARM Rate – 2.25%
5 yr closed- 3.69%
5 yr 30 day quick close – 3.59%

Thanks,

Victor Peca

 

No comments:

Post a Comment