固定利率会回调吗？ 这是一个问题

年轻的心

5 r' ^; G( D8 m9 G' m1 z5 G
. q" L' A8 }  k: NYields Down. Rates, Not So Much
; X: z( v1 b1 A) ]9 y; Z" U5 `
* D8 S0 Y- b+ ACanada’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%.
$ i5 K7 \* j0 \' b/ [
: C) Z" M2 @, {) c  |8 A



( b* k$ i6 f6 o) p5 G  `While there’s been a noticeable dip in yields, there hasn’t been much reduction in 5-year fixed mortgage rates (which track yields).  
5 _& M4 ?# \. ~# ]
At 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.
2 l  u6 t) G' A8 D1 Z5 f
One 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.”

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?
) p2 i2 j  q" g" U# {) J0 `
: M0 e- ]$ G7 Z  ?1 T Banks last raised mortgage rates on June 9, when the 5-year bond yield was at 2.68%.
& W+ G0 A# T' w& o  X* i' w
Since then, the 5-year yield (which guides fixed mortgage pricing) has fallen to 2.44%, but bank rates have not budged.
& q, N5 r! n) ?$ y
$ A# U6 _, X5 ]$ B* s' N$ Q$ }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."
$ Q5 g  n+ X! p, L
He 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."
. ?% Q# m( W0 a: Z6 D
The 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.
. C/ u  F# L* \) D& @
  b/ u5 L$ r  x5 `If 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.
% |; E  T& x1 n3 o
But remember, trying to time bond and mortgage rates is financially hazardous.  While you’re waiting, rates can move the wrong way—quickly.  
9 k4 `3 Q+ ~( u9 h( E/ u
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？
5年锁定利率现在差不多都到5％了把？