Editor’s Note: The Bank of Canada has lowered its overnight rate to 3.00%, a decrease of 25 basis points. This cut will reduce variable mortgage rates by 0.25%. Most lenders will reflect this ...
Canada’s 5-year bond yield has fallen to its lowest level since June 2022, following fresh concerns over economic uncertainty ...
5-year fixed rates in more detail Five-year fixed ... to 5.45%—which has in turn lowered variable mortgage rates—dropping bond yields have also pulled fixed mortgage rates down, with the ...
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