"....., the steady
tightening of the mortgage underwriting rules has incrementally reduced demand
for mortgage financing,” Dr. Ian Lee, program director at Carleton University
said. “Moreover, the five-year bank of Canada bond yield is hovering around 1.4
per cent to 1.5 per cent, suggesting stability in the fixed rates for the near
future.”
Enjoy your day everyone! Here is our rate sheet for this week:
