Mortgage Rates Steady: Rate Rumblings
It was such a dead calm with rates on Monday, we could’ve replaced our lender tracker with a virtual lava lamp, and nobody would've missed anything.
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Robert McLister
5yr Yield Flat Before Election Results
As markets await Canada's election result, our 5-year bond is about as lively as a Tuesday night curling match.
Meanwhile, democracy waits for no one, except people on the West Coast. The last polls in B.C. close at 10 p.m. ET. Given that Canadian yield data
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40: Now Average First-Time Buyer Age in Ontario
5yr Yield Down 2 Bps After Mixed Retail Sales
It was a sleepy Friday for bonds. Canadian yields barely blinked after new retail sales numbers.
Here were two of the catalysts moving the 5-year #GoC# on Friday, and their impact on direction.
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