Fixed vs Variable Rates and Their Reaction to Bond Yield Inversion
In a strange twist in Canadian mortgage markets borrowers who lock into fixed mortgage rates now can secure lower interest rates than those opting for variable rates of interest.
In a strange twist in Canadian mortgage markets borrowers who lock into fixed mortgage rates now can secure lower interest rates than those opting for variable rates of interest.
For the first time since the global financial crisis of 2007-2008 the Federal Reserve cut US interest rates at the end of July. The announcement followed President Donald Trump’s unexpected…
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