Fixed-rate mortgages are tied to what’s happening in the bond market, and bond yields in Canada and the U.S. are near multi-year highs right now, which is why banks are passing those added costs on to consumers. “We look at a number of factors when determining rates including the competitive …
The post TD hikes 5-year posted <b>mortgage</b> rate to 5.59% appeared first on Consumer-Mortgage.
source http://consumer-mortgage.com/td-hikes-5-year-posted-mortgage-rate-to-5-59/
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