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Government bond yields have been on the rise recently, due to concerns about inflation and higher confidence in the economic recovery around the world. This has also occurred at the same time that stock markets have increased due to soaring energy and resource prices. As a result, there has been pressure on mortgage lenders to … Continue reading »
Well, interest rates have been rising over the past two months, as the Bank of Canada has increased the overnight rate by 0.50% since the beginning of June. As a result, Canadian’s have had their variable mortgage rates go up by the same amount, while fixed mortgage rates have stayed relatively level or even dropped … Continue reading »