I wanted to give you all a heads up on the bond yields today.
Bond yields are up 7 bps so far today on optimism the French and Germans can come to an agreement on a bailout package for Greece. Money is moving from bonds to stocks and money is moving away from the Canadian dollar as prospects for the US economy improve. What this means is that fixed rates will move up too.
Get your pre approvals in today. Fixed rate at 3.69% for 120 days.