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As bond yields fall, mortgage providers are cutting fixed mortgage rates

Author: 
Steve Huebl
Publication date:
November 28, 2022
Article Summary: 

This blog post discusses the trend of mortgage providers cutting their fixed mortgage rates in Canada. The post explains how these rate cuts are occurring due to several factors, including the Bank of Canada's monetary policy, competition among lenders, and shifts in global economic conditions. The post also provides insights into how these rate cuts can impact homebuyers and homeowners, as well as considerations to keep in mind when deciding whether to opt for a fixed or variable mortgage rate.

Keywords: 

mortgage providers, fixed mortgage rates, Canada, Bank of Canada, competition, global economic conditions, homebuyers, homeowners, variable mortgage rate.

Source Citation: 
Steve Huebl
As bond yields fall, mortgage providers are cutting fixed mortgage rates
November 28, 2022
https://www.canadianmortgagetrends.com/2022/11/mortgage-providers-are-cutting-fixed-mortgage-rates/
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