There finally might be an resolution for the failed 1 Bloor East development project. Michael Gold has agreed to sell the property as part of a court approved deal that would see the land sold to a third party to develop.
As bond yields have been decreasing many Canadians have been asking why haven’t mortgage rates dropped accordingly. There are actually a couple of reasons for this.
| 6 Months | 4.60% | 3.85% |
| 1 Year | 3.65% | 2.49% |
| 2 Years | 3.95% | 2.95% |
| 3 Years | 5.04% | 3.69% |
| 4 Years | 5.14% | 3.89% |
| 5 Years | 5.39% | 3.69% |
| 7 Years | 6.30% | 4.95% |
| 10 Years | 6.50% | 5.20% |
| Variable | NA | 1.80% |
