Interest Rates Beginning to Stabilize
June 22, 2009
Filed under Mortgage Rates
Over the last few weeks Home Mortgages Calgary has seen some significant increases in many of our lenders’ rates. This, of course, is attributable to the fact that bond yields have also been increasing. Read more
Bond Yields are Rising – What this Means for You
June 17, 2009
Filed under Mortgage Options, Mortgage Rates, Preapproval
This just in from one of Home Mortgages Calgary’s lenders: Due to a new 5 year rate of 4.09%, Canadian 5 year bond yields are up 14bps to 2.71. It was only a month ago that 5 year bond yields were at 2.07. Read more
Low Mortgage Rates and Your Mortgage
February 6, 2009
Filed under Mortgage Options
Mortgage interest rates are currently at historically low levels, and that means interest savings for mortgage consumers. However, with these low rates comes some concern and speculation from current and potential home owners… Read more