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Aug 9 2.99% Five Year Fixed Rate Mortgage May Not Stick Around!

Posted by: AdminS

You may not know it but Canadian Bond Yields are actually correlated with the fixed interest rates that lenders offer on mortgages!

Recently the Canadian 5 year bond yields (the bond yields most closely related to the 5 year fixed rate) have risen – Canadians may start to see such offers as the 2.99% 5 year fixed rate mortgage disappear soon.

If you have any questions or would like to learn more, send MonsterMortgage.ca an e-mail at info@monstermortgage.ca or tune in tonight to CP24’s ‘Hot Property’ where you can ask one of MonsterMortgage.ca’s Mortgage Experts any questions you may have regarding your mortgage.

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