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Two and five-year fixed rates closest in nine years

Two and five-year fixed rates closest in nine years

The margin between two-year and five-year fixed rates is the smallest since February 2013 at 0.15%, as the average fixed rates reached a five year high, according to the latest data from Moneyfacts. The average two-year fixed rate was revealed as 2.86% for April and is the highest since June 2015 after increasing by 0.21% ...

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Two and five-year fixed rates closest in nine years
Two and five-year fixed rates closest in nine years
Two and five-year fixed rates closest in nine years
Two and five-year fixed rates closest in nine years
The voice of the UK mortgage i... The voice of the UK ... | 2 years ago
The margin between two-year and five-year fixed rates is the smallest since February 2013 at 0.15%, as the average fixed rates reached a five year high, according to the latest data from Moneyfacts. The average two-year fixed rate was revealed as 2.86% for April and is the highest since June 2015 after increasing by 0.21% ... This story continues at Two and five-year fixed rates closest in nine years Or just read more coverage at Mortgage Finance Gazette
The margin between two-year and five-year fixed rates is the smallest since February 2013 at 0.15%, as the average fixed rates reached a five year high, according to the latest data from Moneyfacts. The average two-year fixed rate was revealed as 2.86% for April and is the highest since June 2015 after increasing by 0.21% ... This story continues at Two and five-year fixed rates closest in nine years Or just read more coverage at Mortgage Finance Gazette
Have fixed mortgage rates peaked? - Mortgage Rates & Mortgage Broker News in Canada
Have fixed mortgage rates peaked? - Mortgage Rates & Mortgage Broker News in Canada
Have fixed mortgage rates peaked? - Mortgage Rates & Mortgage Broker News in Canada
Have fixed mortgage rates peaked? - Mortgage Rates & Mortgage Broker News in Canada
Canadian Mortgage Trends Canadian Mortgage Tr... | 1 year ago
Notwithstanding some additional rate hikes last week, fixed mortgage rates have seemingly plateaued following a stellar run-up over the past several months.
Notwithstanding some additional rate hikes last week, fixed mortgage rates have seemingly plateaued following a stellar run-up over the past several months.
Fixed mortgage rates expected to rise next week - Mortgage Rates & Mortgage Broker News in Canada
Fixed mortgage rates expected to rise next week - Mortgage Rates & Mortgage Broker News in Canada
Fixed mortgage rates expected to rise next week - Mortgage Rates & Mortgage Broker News in Canada
Fixed mortgage rates expected to rise next week - Mortgage Rates & Mortgage Broker News in Canada
Canadian Mortgage Trends Canadian Mortgage Tr... | 1 year ago
Fixed mortgage rates are expected to take another step up next week, pushing some 5-year fixed mortgages into 6% territory. Five-year fixed mortgage rates typically follow the Government of Canada 5-year bond yield, which surged more than 40 basis points over the course of the weekβ€”briefly reaching a 14-year high on Fridayβ€”before retracing some of the gains. Why are bond yields rising? According to Ryan Sims, a mortgage broker with TMG The Mortgage Group and a former investment banker, mar...
Fixed mortgage rates are expected to take another step up next week, pushing some 5-year fixed mortgages into 6% territory. Five-year fixed mortgage rates typically follow the Government of Canada 5-year bond yield, which surged more than 40 basis points over the course of the weekβ€”briefly reaching a 14-year high on Fridayβ€”before retracing some of the gains. Why are bond yields rising? According to Ryan Sims, a mortgage broker with TMG The Mortgage Group and a former investment banker, mar...
Lenders hiking fixed mortgage rates again as bond yields hit a 13-year high - Mortgage Rates & Mortg...
Lenders hiking fixed mortgage rates again as bond yields hit a 13-year high - Mortgage Rates & Mortg...
Lenders hiking fixed mortgage rates again as bond yields hit a 13-year high - Mortgage Rates & Mortg...
Lenders hiking fixed mortgage rates again as bond yields hit a 13-year high - Mortgage Rates & Mortg...
Canadian Mortgage Trends Canadian Mortgage Tr... | 1 year ago
Fixed mortgage rates are back on the rise after Canadian bond yields surged to a 13-year high on Wednesday. The Government of Canada 5-year bond yield, which leads fixed mortgage rates, has been on a tear, surpassing the 3.20% threshold this weekβ€”a level not seen since 2008. It has now risen over 60 basis points in under two weeks, closing higher each day since May 27. Fixed rates headed to 5% Given that fixed mortgage rates almost always follow bond yield movements, a new leg-up for fixed r...
Fixed mortgage rates are back on the rise after Canadian bond yields surged to a 13-year high on Wednesday. The Government of Canada 5-year bond yield, which leads fixed mortgage rates, has been on a tear, surpassing the 3.20% threshold this weekβ€”a level not seen since 2008. It has now risen over 60 basis points in under two weeks, closing higher each day since May 27. Fixed rates headed to 5% Given that fixed mortgage rates almost always follow bond yield movements, a new leg-up for fixed r...
Rates for two-year fixed mortgage pass 6% mark for first time since 2008
Rates for two-year fixed mortgage pass 6% mark for first time since 2008
Rates for two-year fixed mortgage pass 6% mark for first time since 2008
Rates for two-year fixed mortgage pass 6% mark for first time since 2008
theguardian theguardian | 1 year ago
The average rate on a new two-year fixed mortgage has risen above 6% for the first time since 2008, according to data that will intensify concern about the crisis in the home loans market.News that the typical new rate had climbed to 6.07% came the day before the chancellor, Kwasi Kwarteng, was due to meet with executives from Britain’s biggest banks to discuss the impact of the financial markets turmoil on mortgages and availability.Moneyfacts, a financial data provider, said the average new ...
The average rate on a new two-year fixed mortgage has risen above 6% for the first time since 2008, according to data that will intensify concern about the crisis in the home loans market.News that the typical new rate had climbed to 6.07% came the day before the chancellor, Kwasi Kwarteng, was due to meet with executives from Britain’s biggest banks to discuss the impact of the financial markets turmoil on mortgages and availability.Moneyfacts, a financial data provider, said the average new ...
Bond yields plunge. What it means for fixed mortgage rates - Mortgage Rates & Mortgage Broker News i...
Bond yields plunge. What it means for fixed mortgage rates - Mortgage Rates & Mortgage Broker News i...
Bond yields plunge. What it means for fixed mortgage rates - Mortgage Rates & Mortgage Broker News i...
Bond yields plunge. What it means for fixed mortgage rates - Mortgage Rates & Mortgage Broker News i...
Canadian Mortgage Trends Canadian Mortgage Tr... | 1 year ago
Bond yields dove over 30 basis points on Friday as economic worries start to replace inflation concerns. Bond yields, which lead fixed mortgage rates, fell to 2.84% on Friday, down from 3.15% on Thursday and well off the 3.59% high reached in mid-June. The decline comes as investors are increasingly seeking the safety of the bond market (yields fall as demand for bonds rises) to ride out volatility in the stock indices and due to growing expectations of an economic downturn. Rate analyst Rob...
Bond yields dove over 30 basis points on Friday as economic worries start to replace inflation concerns. Bond yields, which lead fixed mortgage rates, fell to 2.84% on Friday, down from 3.15% on Thursday and well off the 3.59% high reached in mid-June. The decline comes as investors are increasingly seeking the safety of the bond market (yields fall as demand for bonds rises) to ride out volatility in the stock indices and due to growing expectations of an economic downturn. Rate analyst Rob...
The Latest in Mortgage News: Bond yields soar higher, fixed mortgage rates expected to follow - Mort...
The Latest in Mortgage News: Bond yields soar higher, fixed mortgage rates expected to follow - Mort...
The Latest in Mortgage News: Bond yields soar higher, fixed mortgage rates expected to follow - Mort...
The Latest in Mortgage News: Bond yields soar higher, fixed mortgage rates expected to follow - Mort...
Canadian Mortgage Trends Canadian Mortgage Tr... | 1 year ago
Bond yields surged to a fresh 14-year high this week, driving expectations that fixed rates are likely to continue rising. As we reported last week, the Government of Canada 5-year bond yield was already on its way up, crossing the 3.20% threshold. Well, on Monday it broke the 3.51% barrier. This is important because the 5-year bond yield is the best indicator for future moves in 5-year fixed mortgage rates. Fixed mortgage rates have already been trending higher, with discounted, nationally a...
Bond yields surged to a fresh 14-year high this week, driving expectations that fixed rates are likely to continue rising. As we reported last week, the Government of Canada 5-year bond yield was already on its way up, crossing the 3.20% threshold. Well, on Monday it broke the 3.51% barrier. This is important because the 5-year bond yield is the best indicator for future moves in 5-year fixed mortgage rates. Fixed mortgage rates have already been trending higher, with discounted, nationally a...
30-year fixed mortgage crosses 5%
30-year fixed mortgage crosses 5%
30-year fixed mortgage crosses 5%
30-year fixed mortgage crosses 5%
Broadcast Media Production and... Broadcast Media Prod... | 2 years ago
The average rate on the popular 30-year fixed mortgage just crossed 5%, for the first time 2011, save two days in 2018. It stood at 3.38% one year ago today.Β 
The average rate on the popular 30-year fixed mortgage just crossed 5%, for the first time 2011, save two days in 2018. It stood at 3.38% one year ago today.Β 
Big banks hike short-term fixed mortgage rates as their popularity grows - Mortgage Rates & Mortgage...
Big banks hike short-term fixed mortgage rates as their popularity grows - Mortgage Rates & Mortgage...
Big banks hike short-term fixed mortgage rates as their popularity grows - Mortgage Rates & Mortgage...
Big banks hike short-term fixed mortgage rates as their popularity grows - Mortgage Rates & Mortgage...
Canadian Mortgage Trends Canadian Mortgage Tr... | 1 year ago
Over the past week, nearly all of Canada’s Big-6 banks have increased their shorter-term fixed mortgage rates. The rate hikes have largely been limited to 1-, 2- and 3-year fixed mortgage products, including both special offer and posted mortgage rates. The hikes were seen at TD, Scotiabank, RBC, BMO and National Bank of Canada, and range from 10 to 55 basis points. But the big banks haven’t been the only lenders raising rates on those terms. According to data from MortgageLogic.news, the ...
Over the past week, nearly all of Canada’s Big-6 banks have increased their shorter-term fixed mortgage rates. The rate hikes have largely been limited to 1-, 2- and 3-year fixed mortgage products, including both special offer and posted mortgage rates. The hikes were seen at TD, Scotiabank, RBC, BMO and National Bank of Canada, and range from 10 to 55 basis points. But the big banks haven’t been the only lenders raising rates on those terms. According to data from MortgageLogic.news, the ...
Wells Fargo’s consumer lending head leaving after two years
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Wells Fargo’s consumer lending head leaving after two years
Wells Fargo’s consumer lending head leaving after two years
In-depth analysis, data and st... In-depth analysis, d... | 1 year ago
Wells Fargo’s head of consumer lending is leaving just two years after being hired by CEO Charlie Scharf.Mike Weinbach, whom Scharf poached from JPMorgan Chase in the early days of his tenure, will leave Wells Fargo in mid-September to help the division transition to its new leader. Kleber Santos, the bank’s head of diverse segments, representation and inclusion, became the consumer lending group’s new chief on Monday.The departure comes as the $1.9 trillion-asset Wells Fargo continues co...
Wells Fargo’s head of consumer lending is leaving just two years after being hired by CEO Charlie Scharf.Mike Weinbach, whom Scharf poached from JPMorgan Chase in the early days of his tenure, will leave Wells Fargo in mid-September to help the division transition to its new leader. Kleber Santos, the bank’s head of diverse segments, representation and inclusion, became the consumer lending group’s new chief on Monday.The departure comes as the $1.9 trillion-asset Wells Fargo continues co...