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Lenders in holding pattern while everyone awaits spate of new data

Don't expect much more rate improvement unless Friday’s jobs report shows meaningful deterioration


  • Jul 04 2024
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Lenders in holding pattern while everyone awaits spate of new data
Lenders in holding pattern while everyone awaits spate of new data
Government bond yields, those puppeteers of fixed mortgage rates, have jumped 33 basis points in just a few weeks. Yet, Canada’s most competitive mortgage lenders still saw enough profit margin to justify fixed-rate drops. Read More

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