固定利率会回调吗？ 这是一个问题

年轻的心

$ e% S; ~  E# f# B6 n& H) s, o; [Yields Down. Rates, Not So Much
: ~* e+ \& D6 r$ O$ t/ X1 v
Canada’s 5-year bond yield closed near a 3-week low today, settling at 2.43%.  That’s down from its June 10 high of 2.81%.
  a7 W# D6 O" i) Y4 U: G8 C/ p
- v! }: n( n, g0 G# Q: G' k

9 |/ _6 h5 {! `8 ^: C/ Z& B+ H

While there’s been a noticeable dip in yields, there hasn’t been much reduction in 5-year fixed mortgage rates (which track yields).  
3 H& L, I# _- T) t: t0 K% ?
6 d6 b' ^' z' V7 _2 _* cAt the most, we’ve seen a few non-bank lenders drop 5-year rates by 0.10% lately.  The Big 5 banks have not lowered advertised rates at all.
; U+ C) Z; i/ G. H4 W8 y& p
% l% T  K0 }5 O  t% s6 c. [% A1 UOne lender sent an email today suggesting that banks have changed their focus from aggregating clients to profitability. Given the banks just went through a vicious market share war, they may be less inclined to discount rates now with only four months to hit their year-end income targets.
The lender went on to say: “There may be some movement soon, but banks are ensuring bond prices stay consistent before they make a move.”
6 _/ i: R! F# ?/ W8 _* D& |: l  p

Smokie

appleman

Who knows? But now the prime rate is in the history bottom for sure.

年轻的心

Will 5-Year Mortgage Rates Fall Further?
9 C+ \# h/ u/ w
Banks last raised mortgage rates on June 9, when the 5-year bond yield was at 2.68%.
/ H. U0 N) w5 O* i
8 F$ U+ M2 k( m! ~' N" x: {' L" N. \Since then, the 5-year yield (which guides fixed mortgage pricing) has fallen to 2.44%, but bank rates have not budged.

BMO economist, Doug Porter, told the Toronto Star it’s because banks "want to be convinced that it is not a flash in the pan and that any retreat in yields is sustained."
3 o% B( x+ {! z' O( W1 J% V8 T
' r0 Q% x" N4 X8 E; nHe says: "I believe that we are probably not too far away from that point. It might take a little more of a deeper rally (in bond prices) to make it completely convincing."

1 f, h2 V/ e: Q4 u- M5 P1 k) EThe often quoted CIBC economist, Benjamin Tal, thinks yields could fall another 0.05% to 0.10%, but any drop in fixed-rates will be short-lived. "By the end of the year, we'll start seeing rates rising," he says.

) p! H2 h5 l+ @  kIf rates do drop another 0.10%, it would translate into a $5.50 monthly payment savings for every $100,000 of mortgage. That’s a total savings of $478 over five years, assuming a 25-year amortization and typical fixed rates.

But remember, trying to time bond and mortgage rates is financially hazardous.  While you’re waiting, rates can move the wrong way—quickly.  
' z; `( l2 \# T
You’re usually better served by focusing on factors that can dwarf a 0.10% rate savings, like finding a mortgage with the optimal term and just the right amount of flexibility (pre-payment options, openness, readvanceability, etc.).  Too much flexibility is a waste, and too little can cost you in the long-run.

今晚打老虎

到底涨了还是降了呢？
, P4 H, d; g/ o' v, C* {5年锁定利率现在差不多都到5％了把？