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Variable Rate might be a decent bet!

Credit market U-Turn: Bond yields now signal mortgage shoppers should go with a variable rate Recently, Canada’s five-year bond yield dove to a multi-month low, a bearish short-term signal for fixed mortgage rates. Why the U-Turn in rates? The whiplash in rates comes as  President Trump threatens to tax Canada’s imports into the U.S.  If […]

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Some Experts Suggest: Mortgage rates will decline further

The waning year has seen a rate roller coaster as historically-low fixed rates shot up before descending once again; and the expert panel assembled by RateSuperMarket.ca expects that slow descent to continue into the end of the year. We have seen a recent lowering of Canadian bond yields as a reaction to the Bank of […]

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