What does this mean?  Not much really...it seems the Bank wants to slow down their mortgage department and are likely hoping other lenders follow along with it to maximize their profits.  The increase in the bond yields is a direct result in a large flow of money out of the stock markets and into bonds.  As those yields calm down we will probably see the fixed rates drop back down again.  We expect this type of thing to occur throughout the next 12 months, as there is little to push rates up in the near term.