Its thursday morning - rates have softened and the 5 year mortgage rate is now 4.99-5.04%
the bonds are holding steady with the 5 year canada bond at 3.895%
10 year bonds are at 3.992
there is very little spread in rates - the yield curve is virtually flat.
time will tell - what will happen but a major increase does not appear at this point.
keep your eyes on the blog
greygoose out
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