Canadas Mortgage Rates Up, Inflation Falls [t39qUTV0pnP]
Canadian mortgage rates are moving higher even as inflation falls. June’s inflation rate came in at 2.8%, with the Bank of Canada’s preferred core measures also declining, but rising Government of Canada bond yields are already pushing fixed mortgage rates up by roughly 10 to 25 basis points. #canadianeconomy #Canadianinflation #canadanews Links: Interest rate announcement & release of the Monetary Policy Report / Annonce du taux directeur & RPM: Canadian Home Sales Activity Little Changed in March: Momentum Continues as Canadian Home Sales Rise in October: Mark Mitchell – Mortgage Broker London Ontario 920 Commissioners road east London, Ontario N5Z 3J1 Phone: (519)860-2102 (Call or Text) [email protected] Brokerage Lic: 10464 Broker Lic: M16001479 – Apply Online!! Youtube Channel: Subscribe NOW for more Mortgage/Financial News/Videos. Follow me on Social Media: Instagram - Facebook -