Mark Kowall

Although rates having been decreasing over the past several months, it now looks like fixed rates are back on the rise. With the Government of Canada's 5 year benchmark bond yield rate rising almost .25% on Friday, Royal Bank has taken a proactive approach and raised their 5 year fixed rate .35 basis points to 5.84% (this is a posted rate, not discounted). Although we don't know how this is g ...