Fixed mortgage rates creep higher as bond yields rise
Posted by: Dean Kimoto
Lenders have started raising fixed mortgage rates again, with signs pointing to a short-term upward trend. Fixed mortgage rates have been creeping upward over the past week, fuelled by a modest rebound in bond yields following stronger-than-expected economic data. The increases were partly driven by rising U.S. Treasury yields, with the 5-year rising above 4% […]
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