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Alberta
Garth Lyon Senior Mortgage Professional

Garth Lyon

Senior Mortgage Professional


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Address:
103, 901-8 Avenue, Canmore, Alberta

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Lenders hiking fixed mortgage rates again as bond yields hit a 13-year high

6/9/2022

THINK OUTSIDE THE BOX:  The Government of Canada 5-year bond yield, which leads fixed mortgage rates, has been on a tear, surpassing the 3.20% threshold this week—a level not seen since 2008. It has now risen over 60 basis points in under two weeks, closing higher each day since May 27.  Click here to read article

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