As mortgage rates remain the focus of government efforts to minimize household debt levels, and Finance Minister Jim Flaherty cautions banks against excessively lowering their offerings, it's unlikely that fixed mortgage rates will see a dramatic drop over the coming month. While bond yields have seen a modest increase, investors continue to regard Canada as a safe haven amidst international economic upheaval, and bond yields remain generally low in turn.
Variable Mortgage Rates: Unchanged
With such a narrow spread between the lowest fixed and variable mortgage rate options, many consumers are choosing to lock in for their mortgage terms, prompting lenders to focus on their fixed offerings. It is also not anticipated that the Bank of Canada will increase the Overnight Lending Rate in the upcoming June 29 announcement, which is outgoing governor Mark Carney's last.
source: http://www.ratesupermarket.ca/
Toronto Skyscraper Blog Recommends These Sites:
Maids In GTA
Maids in Greater Toronto Area
House Cleaning in GTA
House Cleaning in Greater Toronto Area
House Cleaners in GTA
House Cleaners in Greater Toronto Area
Maid Service in GTA
Maid Service in Greater Toronto Area
Maid Services in GTA
Maid Services in Greater Toronto Area
Maids in Greater Toronto Area
House Cleaning in GTA
House Cleaning in Greater Toronto Area
House Cleaners in GTA
House Cleaners in Greater Toronto Area
Maid Service in GTA
Maid Service in Greater Toronto Area
Maid Services in GTA
Maid Services in Greater Toronto Area
Purchase These Real Estate EBooks Now!
No comments:
Post a Comment