Variable Rates Are DOWN: What’s WRONG With Fixed Rates...
The Bank of Canada Announcement dropped Prime Rate 50 BPS to 3.75% Commercial Bank Prime went to 5.95 Variable Mortgages down to 4.75% to 4.95% Did 5 – yr Fixed Rates Drop? No not at all. WTF Right? Ron breaks it down: Canada 5’s Bond Yield, US Treasuries, Bond Vigilantes, will inflation return & when. Lot’s to cover
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