Mortgage Rate Update: June 5, 2024๐
(Changes from May 29)
Rates dropped due to the 25bps cut by BoC today.
Key Numbers:
3-yr fixed insured: 4.74%
5-yr fixed insured: 4.49% (-10 bpsโฌ๏ธ)
5-yr variable insured: 5.65% (-25 bpsโฌ๏ธ)
5-yr bond yield: 3.42% (-40 bpsโฌ๏ธ)
3-yr fixed insured: 4.74%
5-yr fixed insured: 4.49% (-10 bpsโฌ๏ธ)
5-yr variable insured: 5.65% (-25 bpsโฌ๏ธ)
5-yr bond yield: 3.42% (-40 bpsโฌ๏ธ)
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