Canadian Mortgage Rates Set To Rise As Lender Margins Collapse

Government of Canada bond yields made an abrupt surge yesterday, extending a trend that kicked off in February. Despite the aggressive rise, mortgage rates haven’t climbed with them as expected. A Big Six bank says lenders are absorbing the shock and it’s not sustainable. They’re warning investors that mortgage rates will begin to climb soon, […]
The post Canadian Mortgage Rates Set To Rise As Lender Margins Collapse appeared first on Better Dwelling.
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