EPISODE · Dec 19, 2018 · 14 MIN
How Bond Yields Affect Mortgage Rates
from The Vine Edition · host Vine Group
On December 18th, 2018, the Bank of Canada's 5-Year Benchmark Bond Yield broke a threshold point of just under 2%. As mortgage rates are backed by bond yields, we asked ourselves why is this happening and what does this mean for the average Canadian consumer heading into 2019.
What this episode covers
On December 18th, 2018, the Bank of Canada's 5-Year Benchmark Bond Yield broke a threshold point of just under 2%. As mortgage rates are backed by bond yields, we asked ourselves why is this happening and what does this mean for the average Canadian consumer heading into 2019.
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How Bond Yields Affect Mortgage Rates
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