5 April 2011

It’s obvious that other Canada’s big banks will follow this tendency. The non-bank lenders, probably, will do the same.

According to Canadian big banks, there will be a 100bps (1%) increase in 5-year bond yields in the next two years. As a result, fixed-rates mortgages will rise as well.
We are still offering low 1-5 years fixed rates with rate hold for up to 6 months, so if you in a market for real estate – don’t wait, get pre-approved and shop with confidence.

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