Tag: Covid19

How Canada’s Mortgage Lenders Adapted to the ‘New Normal’

The COVID-19 pandemic and the resulting nationwide lockdown forced the country’s mortgage lenders—like many businesses across the country—to adjust their operations in this unprecedented and brave new world of conducting business.

They were faced…

Optimism Returns to the Markets. Could Fixed Rates Start to Rise?

Bond yields in both Canada and the U.S. jumped on news that Pfizer’s COVID-19 vaccine has proven more than 90% effective in its trials.

Following the announcement on Monday, the all-important 5-year bond yield is now hovering around 0.50% for the…

Bank of Canada Reaffirms Its Low-Rate Outlook

Despite a booming housing market and rapid job recuperation, the Bank of Canada warned that the country’s economic recovery will be “heavily reliant on policy support.”

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