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.
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