Latest / The Flow: Real Estate and Money Show
SKYROCKETINGRates (How this could ruin Canadian Real Estate)
ONE HIKE RARELY STAYS ONE HIKE 👀
• BoC is still sitting at 2.25%
• The last 3 hiking cycles ran 3, 5 and 10 hikes
Last cycle also had 50, 75 and even 100 bps moves 😬
If variable saves you $160/month on a $500K mortgage, run the numbers 1% higher. That’s roughly $275/month more.
🛠️ FREE TOOLS & RESOURCES:Rate My Rate - Instant Mortgage Checkup (free, no login required)https://rate.getflowmortgage.caPREPARE Framework - Decide on Your Mortgage Fixed or Variable in 7 Questionshttps://getflowmortgage.ca/free/fixed-vs-variableWealthFlow Newsletter - Weekly market data & Economic…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.