July 7, 2023

Fixed mortgage rates keep rising, and could continue as bond yields near 4%

Fixed mortgage rates keep rising, and could continue as bond yields near 4%

Bond yields ended the week higher, flirting with a key technical level of 4% following the release of overall strong employment data in both Canada and the U.S.  Bond yields ended the week higher, flirting with a key technical level of 4% following the release of overall strong employment data in both Canada and the […]

Fixed mortgage rates keep rising, and could continue as bond yields near 4% Read More »

Unemployment rate rises to 5.4% despite job growth. BoC rate hike still on track

Unemployment rate rises to 5.4% despite job growth. BoC rate hike still on track

The creation of 60,000 new jobs in June wasn’t enough to keep the national unemployment rate from rising to a seven-month high.  The creation of 60,000 new jobs in June wasn’t enough to keep the national unemployment rate from rising to a seven-month high.  Mortgage Rates & Mortgage Broker News in Canada 

Unemployment rate rises to 5.4% despite job growth. BoC rate hike still on track Read More »