2min chapter

The Loonie Hour cover image

Banking Crisis Puts Pressure on Central Banks

The Loonie Hour

CHAPTER

Mortgage Rate Discounts - Is That a Good Thing?

Bob Greene: You'll see some discounting next week, maybe not as much as one would expect given the precipitous decline in bond yields. He says it's interesting because you've got like a mini banking crisis unfolding in parts of the world and then you've got falling mortgage rates which clearly is good for housing. But does he think banks will hold on to that? "I just I'm kind of skeptical that if the five year bond yield falls 1% that banks are just going to be, you know, running to just give that to their customers"

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