Fixed - Live News America

‘We are represented by laptop farmers’: Inside the UN summit that could have fixed the food crisis

For farmers like Christine Nabwami from Uganda, there is no doubt about the damage that greenhouse gas emissions are wreaking on the world’s life support systems. A chairperson of the Eastern and Southern Africa Small Scale Farmers Forum (ESAFF), the 42-year-old leader has watched droughts wither the cash crops – coffee, banana and maize – … Read more

Fixed mortgage rates expected to rise next week

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 week—briefly reaching a 14-year high on Friday—before retracing some of … Read more

Definitive Guide to Fixed Rate Business Loans

Uncertainty and unpredictability can be haunting prospects for a small business owner. When it comes to financing, it’s never a fun place to be in as a business owner to be unsure how your finances will pan out, especially if it’s related to the cost to finance the business. Unforeseen surprises can hamper a startup … Read more

Big banks hike short-term fixed mortgage rates as their popularity grows

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 … Read more

Wellington trains back to normal after signal fault fixed

MONIQUE FORD/Stuff Wellington commuters were affected by train disruptions caused by a software problem in the signalling system. Wellington’s trains are back to their normal schedules after ongoing disruptions because of a problem with the signals. “Metlink would like to thank passengers for their patience during the recent period of disruption,” a spokesperson said in … Read more

Fixed vs. variable: How not to lose this mortgage guessing game.

From all accounts, floating-rate mortgages continue to outsell 5-year fixed terms. It doesn’t hurt that variables are priced an average of 184 basis points below 5-year fixed rates. Come June 22, however, more people will be questioning their faith in variables. That’s when we’ll receive May inflation data and it should be enough to give … Read more

The Latest in Mortgage News: Bond yields soar higher, fixed mortgage rates expected to follow

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 … Read more

Fixed mortgage rates rising again as bond yields hit a 13-year high

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 week—a level not seen since 2008. It has now risen over 60 basis points … Read more