Weekly mortgage digest: Fixed rates trending downward ahead of expected BoC cut - Mortgage Rates & Mortgage Broker News in Canada

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Lenders continued to chip away at their fixed rate pricing over the past week, mirroring the recent drop in bond yields. Since hitting a recent peak of 3.57% at the start of the month, the Government of Canada 5-year bond yield has eased by roughly 20 basis points (0.20%). This has led to small by …