In this podcast, your host Alex McFadyen brings back on Bruno Valko, the VP of sales of RMG Mortgages, discusses the dynamics of the Canadian real estate market. FIRST, make sure to check out Episode 16 of The Flow when we first had Bruno on.

Bruno and his team at RMG Mortgages are well known for their data-driven analyses of where the Canadian economy is at and how those trends will impact different areas of the economy. If you want to find out more about these reports, be sure to get in touch.

Alex and Bruno discuss several key topics impacting the Canadian mortgage market. They start by reflecting on the positive changes in the mortgage landscape over the past four months, including a crucial quarter-percent rate drop by the Bank of Canada. Valko breaks down the interconnectedness of Canadian fixed rate mortgages with U.S. treasury yields, highlighting how recent U.S. political events have influenced these rates. The conversation also covers the significant spread between Canadian fixed and variable rates, public misconceptions about Bank of Canada rate decisions, and the broader economic implications for potential homebuyers. Valko emphasizes the importance of consulting mortgage brokers to navigate these complexities and predicts potential rate drops could further impact the market. An invaluable episode for homeowners, potential buyers, and anyone interested in the dynamics of the mortgage industry.

To learn more about RMG Mortgages and the options available in private mortgage lending, make sure to get in touch with Bruno and check out RMG Mortgages at the options below:Website: rmgmortgages.caFacebook: @RMGMortgagesYouTube: @RMG_Mortgages

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