Alex McFadyen of Flow Mortgage Co., dives deep into various significant developments in the Canadian real estate and economic marketplace towards the end of 2024. Key topics include the resurgence of consumer confidence amidst decreasing mortgage rates, an uptick in real estate sales, and notable shifts in bond markets. Additionally, the discussion highlights the Canadian government's recent $4.3 billion spending initiative that distributes $250 checks to Canadians, examining its potential impacts on the mortgage and real estate markets. The episode concludes with insights on rising HELOC uses and speculation on future interest rate cuts by the Bank of Canada.

Alex McFadyen is a seasoned independent mortgage broker with over 11 years of experience in the industry. Alex is the owner and Mortgage Advisor of Flow Mortgage Co.

Alex’s Social Media: @themortgagepug

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