The Bank of Canada held rates again, but that does not mean Canadians are in the clear.
In Episode 80 of The Canadian Mortgage Show, Alex Pang and Alex Shanks break down why fixed mortgage rates are moving higher anyway, how bond yields and oil prices are changing the outlook, and why the war-driven spike in gas prices could keep pressure on inflation.
They also dig into major Canadian trends that matter right now:
falling inflation and weak economic data
shrinking mortgage discounts from lenders
tipping culture backlash in Canada
population decline for the first time in decades
GST rebate confusion for first-time home buyers
BC’s PST clarification on commercial real estate
BC’s credit downgrade and what it could signal
Canada’s drop in world happiness rankings
If you’re buying, refinancing, locking in, or just trying to understand where Canadian rates may go next, this episode gives you the context you need.
Topics covered:
Canadian mortgage rates, Bank of Canada, fixed vs variable, bond yields, inflation, gas prices, real estate market Canada, first-time home buyer GST rebate, BC housing, Canadian economy
#CanadianMortgageShow #MortgageRates #BankOfCanada #CanadaHousing #FixedRates #RealEstateCanada
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