Bond yields have risen so the big banks hiked mortgage rates by 20 basis points yesterday.
The typical 5-year mortgage now sells for a posted rate of 6.8%.
Last modified: October 24, 2006
Written by Robert McLister• October 24, 2006• 1:42 PM• General • Views: 3
Bond yields have risen so the big banks hiked mortgage rates by 20 basis points yesterday.
The typical 5-year mortgage now sells for a posted rate of 6.8%.
Last modified: October 24, 2006
Robert McLister is one of Canada’s best-known mortgage experts. A mortgage columnist for The Globe and Mail, interest rate analyst and editor of MortgageLogic.news, Rob has been covering Canada's mortgage market since 2007.
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