Garth Lyon

THINK OUTSIDE THE BOX:  It seems that the Canadian bond market has a spring in its step these days. After hitting a low around 3.26% in January, the Government of Canada 5-year bond yield—which typically leads fixed mortgage rates—finished Tuesday’s session at 3.63% after reaching an intraday high of around 3.66%.  It may be a good time to get your pre-approval in, to get your rate locked in, and maybe variable-rate clients want to consider converting to a fixed rate now.  Click here to read article.