Make Money Count

Is This the Start of More Rate Cuts for Canada?

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The Bank of Canada just cut its overnight rate by 25 basis points, bringing it to 2.5%. But what does this mean for your mortgage, housing prices, and the Canadian economy? In this episode, Marcus breaks down:

  • Why did the U.S. and Canada cut rates on the same day
  • What’s really happening with inflation and the labor market
  • Why variable mortgages may now be the smarter move
  • How fixed rates, penalties, and bond yields fit into the picture

    • Listen now to understand whether you should stick with fixed, switch to variable, or refinance your mortgage.

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    Make Money CountBy Cannect Inc.
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