Money Matters Toronto

Canadian 5 year bond yields -.01bps to 2.48. Four weeks ago it was 2.51. The spread, based on 5 yr rate of 4.49%,  is at 2.01%.
Pressure on fixed 5 year: Down.

Financial Post – Market. Lenders typically like to keep a spread of 1.70% to 1.80% between their fixed five year rates and current bond yields. If [...]

Canadian 5 year bond yields -.03bps to 2.49- Four weeks ago it was 2.52. The spread, based on 5 yr rate of 4.49%,  is at 2.00%.
Pressure on fixed 5 year rate: Down.
Financial Post – Market. Lenders typically like to keep a spread of 1.70% to 1.80% between their fixed five year rates and current bond [...]

Canadian 5 yr bond yields -.06bps to 2.52- Four weeks ago it was 2.51. The spread, based on 5 yr rate of 4.49%,  is at 1.97%.
Pressure On Fixed 5 Year: Down. Today’s best rate 4.39% fixed 5 year, 2.65% variable rate.
Financial Post – Markets. Lenders typically like to keep a spread of 1.70% to 1.80% [...]

Canadian 5 yr bond yields +.03bps to 2.58- Four weeks ago it was 2.58. The spread, based on 5 yr rate of 4.49%,  is at 1.91%.
Pressure on Fixed 5 Year: Down.

Financial Post – Markets. Lenders typically like to keep a spread of 1.70% to 1.80% between their fixed five year rates and current bond yields. [...]

Bonds & Fixed Rates
Canadian 5 yr bond yields +.06bps to 2.65- Four weeks ago it was 2.26. The spread, based on 5 yr rate of 4.49%,  is at 1.84%.
Pressure on Fixed Five Year: Down
To follow up further on my previous posts about bond yields and their relation to fixed rate mortgages Fred Langan of the [...]

How Are Fixed Mortgage Rates Determined? Well, a couple of days ago one of our readers responded to our post “How Are Fixed Mortgage Rates Determined?”. He asked me: “what should I really be looking out for when it comes to protecting myself from mortgage rate fluctuatations?”
I responded….there are so many factors to consider and even economists who dedicate their [...]