In this episode, Alex McFadyen express relief that the Bank of Canada (BOC) maintained interest rates, alleviating suspense for listeners. Topics of discussions included effects of recent interest rate holds, market predictions, potential market impacts and current observations including rising rental rates, housing costs, and considerations around mortgage renewals. The hosts discuss the issue of decreased bond yields, the possibility of a market collapse, and the continued increases of fixed rates. They share their predictions on how rates might affect the real estate market in early 2024 and advise against locking into a five-year fixed mortgage rate. Lastly, they engage about the increasing competitiveness of mortgage rates in the market, making numerous references to rate forecasts and how these can impact purchasing power.

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