Money Matters Toronto

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. [...]

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 +.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. [...]

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 [...]

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 [...]