23 January 2012
23 January 2012
Fixed rates at the historic lows but might go up a notch.
| The 5-year government bond (from which fixed mortgage rates are calculated) are currently trading at 1.43, up 16 basis points from last week lows Lenders are watching bond market closely to see if the trend continues. A break above 1.50% on the 5-year yield could potentially mean rate increase for 5 years fixed mortgage rates… Read more |