Real Collective Podcast

S11E11 | What does the recent rate announcement mean for you? | REAL Collective Podcast


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What does the recent rate announcement mean for you? Sean Tasse (Broker) and Kyle Miller (Mortgage Agent) are discussing the details!
Our hosts dive into the recent Bank of Canada interest rate announcement, exploring its implications for various individual scenarios. They examine how GDP figures influenced the decision, leading to a quarter-point rate drop. The conversation also touches on the diverse opinions circulating among industry experts—who is really getting it right? In the second half, we switch gears to share some intriguing stories from the field that you won't want to miss!
If you are considering buying, selling, investing, or refinancing, don't miss out on another extremely valuable episode of the REAL Collective Podcast. Keep it REAL Collective!
**Magic Mind Offer** Enjoy our limited time offer you can use now, that gets you up to 48% off your first subscription or 20% off one time purchases with code COLLECTIVE20 at checkout.
You can claim it at: https://www.magicmind.com/collective
To access our Complimentary Resources (SOLD Price Search, Seller Guide, Buyer Guide & Home Evaluation) visit: https://realcollective.ca/exclusive-resources/
Are you buying or selling? Book a meeting with Sean or Kyle today!
Sean: https://calendly.com/seanrealcollective
Kyle: https://calendly.com/kmmortgage/phone-connect
You can also follow us here:
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Website: https://www.realcollective.ca
Kyle Miller on Instagram: https://www.instagram.com/kylemillerottawa
Kyle Miller on Facebook: https://www.facebook.com/Kylemillermortgages
#realcollective #podcast #ottawa #mortgagefinancing
Intro (0:00)
Latest rate announcement – what does this mean for your scenario? (2:06)
How the GDP affected the Bank of Canada’s decision (4:23)
Canada is slated to lead the way in rate cuts over the next 3 years (5:38)
Different messaging going on – who is right? (7:14)
Understanding the numbers (9:50)
The effect of the rates going down in the market (11:30)
The mental clarity that comes with Magic Mind (14:08)
In the field stories – Sean’s Condo Seller Client (17:10)
A huge number of mortgages coming due in 2025/2026 (20:20)
Sean’s incredible recent buyer story (24:13)
Outro (30:35)

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Real Collective PodcastBy Sean Tasse