rates: Low rates are here again Vancouver...but for how long? 3.64% benchmark 5 year rate
- 02/05/10 08:11 AM
3.64% fixed for 5 years, I must say I didn't think we would see rates this low again since hitting new histori lows in the fall market. Rates had crept back up, bond markets we're inching up and were seemingly levelling off. The question I get most frequently is "what do I think is happening with rates?" or do I think rates will jump up in a few months. According to Stats Canada today, our full-time employment jobs rose by 1,400 in January 2010, and our part- time jobs experienced a huge growth by 41,500 new jobs, However these were primarily in the service industry and mostly in the youth … (0 comments)
3.64% fixed for 5 years, I must say I didn't think we would see rates this low again since hitting new histori lows in the fall market. Rates had crept back up, bond markets we're inching up and were seemingly levelling off. The question I get most frequently is "what do I think is happening with rates?" or do I think rates will jump up in a few months.
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