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February Mortgage Update

Rate Update Bond Yields have been hovering around the 1.4% mark since last Wednesday.  When these increase, the cost of funding fixed rate mortgage also increases.  Should there be further upward pressure on bond yields we could see a bump in the fixed rate market.  We recently saw some of the major banks pull their [...]

Mortgage Rates

• Term
• Rate
• Prime
• 3.00%
• Variable
• 2.90%
• 1 year
• 2.89%
• 3 year
• 2.89%
• 4 year
• 3.19%
• 5 year
• 3.19%
• 10 year
• 3.99%

Qualifying Rate

• Feb 22
• 5.14%

Current Inflation

• Jan
• 2.5%

5 Year Bond Yield

• Feb 22
• 1.49%