Five year mortgage rates drifting down

[Thomas Beyer]

Fast to rise, but slow to come down. Five year mortgage rates about to drift somewhat lower to about 3.5% range https://www.ratespy.com/5-year-yield-approaching-january-lows-12207565

Merry Christmas & Happy New Year ! All is calm .. and pretty bright.

 

[Matt Crowley]

Thanks Thomas!

As far as all calm...have you checked the S&P lately?

The world looks like it is headed into slower times in 2019, and Canada is in worse condition than the U.S., and never had the good times the U.S. had.

 

[Thomas Beyer]

Back to normal ie calm.


Sent from my iPhone using myREINspace

 

[Mike31]

Met with my mortgage broker last week and he stated that fixed mortgage rates may be lower than variable rates very soon