Slight mortgage rate increase on the way?

We watch lots of technial things to see where rates are going. One of those is the CMB – Canadain Mortgage Bond.

Today, the benchmark government of Canada five year bond yield ended the week at 0.79%, up from 0.73% the previous week.

that means that fixed rates may move up from their 2.74 – 2.79% soon.

Get your rate hold / applicastion in!

Mark Herman, AMP, B. Comm., CAM, MBA-Finance

WINNER: #1 Franchise for Funded $ Mortgage Volume at Mortgage Alliance Canada, 2013 and 2014!

Direct: 403-681-4376

Accredited Mortgage Professional | Mortgage Alliance | Mortgages are Marvelous

Toll Free Secure E-Fax: 1-866-823-1279 | E-mail: mark.herman@shaw.ca |Web: https://www.markherman.ca/

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