Mortgage rate trends and statistics.

How to predict mortgage interest rate movement: Increase in long term Canadian Government bond prices, leads to a decreased yield (graphed on the chart). The decreased yield reduces the borrowing costs for mortgage lenders which lead to lower fixed mortgage rates. You can look at the graph and if the rate of return of bond rates is going down then the mortgage rates are likely to fall down.

There are much more factors affecting mortgage pricing than average bond yields but direct comparison could give you a rough picture of what is going to come.
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Fixed Closed
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Fixed Open
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Variable Closed
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Variable Open
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Bank of Canada
Marketable bonds
Average yield. Years
Key Rates
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Overnight Rate
Qualification Rate
Show Prime Rate
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