Money Matters Toronto

Canadian 5 yr bond yields -.01bps to 2.41- Four weeks ago it was 2.41. The spread, based on 5 yr rate of 4.49%,  is at 2.08%.
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. [...]

Canadian 5 yr 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 -.01bps to 2.48- Four weeks ago it was 2.51. The spread, based on 5 year rate of 4.49%,  is at 2.01%.
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. [...]

If you are tossing and turning every night trying to figure which way mortgage interest rates are moving join the club. My impression is that nobody knows exactly which way rates are moving and what the long term trend is. I certainly wouldn’t rely on the sound bytes that come out of the media on a [...]

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

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 [...]

Canadian Bond yield versus the 5yr fixed mortgage rate from February 13th, 2009, through to June 12th, 2009. It was published by the Canadian lender Merix Financial.
The bond yield, or rate of return on your bond, is depicted by the blue curve on the graph above while Merix’s fixed 5 year is the green curve. As a consumer, if [...]