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Employment Surges Higher. Will Mortgage Rates Follow - Integrated Mortgage Planners

Summary by integratedmortgageplanners.com
Last Friday we received the latest US and Canadian employment reports, for December, and both headline prints came in higher than expected. Bond yields on both sides of the 49th parallel spiked in response, adding upward pressure to Government of Canada bond yields, which our fixed mortgage rates are priced on. A closer look at the data confirms that the strong response from bond-market investors was more appropriate for the US results than for …
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Employment Surges Higher. Will Mortgage Rates Follow - Integrated Mortgage Planners

Last Friday we received the latest US and Canadian employment reports, for December, and both headline prints came in higher than expected. Bond yields on both sides of the 49th parallel spiked in response, adding upward pressure to Government of Canada bond yields, which our fixed mortgage rates are priced on. A closer look at the data confirms that the strong response from bond-market investors was more appropriate for the US results than for …

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integratedmortgageplanners.com broke the news in on Monday, January 13, 2025.
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