Temps Are Rising, But Mortgage Rates Staying at Record Lows

(firmenpresse) - TORONTO, ONTARIO -- (Marketwired) -- 04/09/13 -- The thermostat may be rising, but the same can't be said for . Lenders are unveiling their record low fixed rate offers in advance of the spring mortgage market - though a dramatic dip is not anticipated - as bond yields continue to remain low. Variable mortgage rates are also to remain stable as no change is expected in the Bank of Canada's April 17th interest rate announcement.

Fixed Mortgage Rates: Unchanged

While signs of a heating spring mortgage market were evident last month, with lenders such as BMO reintroducing their 2.99 per cent five-year fixed, mortgage brokers have featured rates as low as 2.74 per cent for weeks. While Government of Canada bond yields continue to trend downward in the midst of global economic unease, a dramatic dip in Canadian is not anticipated.

Variable Mortgage Rates: Unchanged

The Bank of Canada is not anticipated to change the Overnight Lending Rate in the upcoming April 17th announcement, and it's expected that they'll hold steady well into 2014 as a result of lower than expected Canadian economic growth. As a result, are not expected to change for the month of April.

This month's panel members:

About RateSupermarket.ca ()

Over 3 million Canadians have found their best rate for personal finance products on . Launched in 2008, RateSupermarket.ca is Canada's largest and most comprehensive rate comparison site, offering visitors transparent access to the best mortgage rates as well as , , insurance quotes and GIC rates.



Contacts:
RateSupermarket.ca
Kelvin Mangaroo
Cell: 416-844-2931

Weitere Infos zu dieser Pressemeldung:

Themen in dieser Pressemitteilung:


Unternehmensinformation / Kurzprofil:
Bereitgestellt von Benutzer: Marketwired
Datum: 09.04.2013 - 14:00 Uhr
Sprache: Deutsch
News-ID 247303
Anzahl Zeichen: 0

contact information:
Town:

TORONTO, ONTARIO

Kategorie:

Internet

Diese Pressemitteilung wurde bisher 214 mal aufgerufen.


Die Pressemitteilung mit dem Titel:
"Temps Are Rising, But Mortgage Rates Staying at Record Lows"
steht unter der journalistisch-redaktionellen Verantwortung von

RateSupermarket.ca (Nachricht senden)

Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).

Historically Low Mortgage Rates: A Holiday Miracle? ...

TORONTO, ONTARIO -- (Marketwired) -- 12/03/13 -- It may be the off season for the housing market, but shoppers have good reason to turn their attention from the malls to their local real estate offerings; the cost of borrowing will remain historical ...

Are Students Flunking on Their Finances? ...

TORONTO, ONTARIO -- (Marketwired) -- 11/12/13 -- The academic session may be only half over, but many students have already determined how they'll fare financially this year. Managing tuition, loans and living expenses can prove challenging eve ...

National Interest and Mortgage Rates to Remain Low Through November ...

TORONTO, ONTARIO -- (Marketwired) -- 11/07/13 -- The economy isn't quite ready for the training wheels to come off; that's what is indicated by Canadian and American policy makers who both announced no change to stimulus measures this mont ...

Alle Meldungen von RateSupermarket.ca