Bond yields up significantly, expect fixed rates to go up!

The 5 year bond yields are up over 30 basis points in May. Should they stay this high, one should expect fixed interest rates to rise as well. It may be prudent, should you be looking to make a purchase soon, to contact your mortgage broker and secure a rate hold.

Here’s an interactive graph, showcasing Bond yields

This entry was posted in Uncategorized and tagged , , , . Bookmark the permalink.

Leave a Reply