固定利率会回调吗？ 这是一个问题

年轻的心

6 {! j4 B  ]/ J8 u
Yields Down. Rates, Not So Much

" w$ @" ^; N, |8 ?$ T9 n- W) wCanada’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%.
. ]' G5 C5 R5 o4 v. ~+ b/ X) ^
9 k& W( ], Q7 [7 t' n* T4 L

5 e, R8 O6 V- ^% d- v# {4 e( r  m
$ n- {4 d' U: S3 g; c4 D0 g) Z. P
While there’s been a noticeable dip in yields, there hasn’t been much reduction in 5-year fixed mortgage rates (which track yields).  

6 H& c% {; Q+ z) _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.
- O* t  ~6 B; I( {0 e( M' ~7 O+ N0 H
% h, v1 w0 \+ z$ v. {: j- JOne 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.
3 t0 _2 ]4 o) @! |/ nThe 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?
) T+ X7 @, H# H1 l3 R1 x
# S* q: V. k/ m  S! \ Banks last raised mortgage rates on June 9, when the 5-year bond yield was at 2.68%.

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."

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."

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.
9 |- E# E5 f7 T. i# H. z3 c* z
: _9 t$ W* T/ z. E, l4 n7 VIf 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.  
7 J4 p8 }+ Z6 F9 I0 I$ V
( n% r9 }( n! w% b" w, dYou’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？
# b( @- n! D9 A5年锁定利率现在差不多都到5％了把？