Latest / The Flow: Real Estate and Money Show
Canadian Mortgage Rate Market COMPLETELY Shifted - E46
Buckle up! Fixed Rates are plunging, but that's not all good news for the overall Canadian economy.
In this emergency rate update episode, Alex McFadyen (The Mortgage Pug) delves into the recent changes in the Canadian economic landscape, ravaged by the recent U.S. stats. Particularly focusing on the impact of bond yields and the U.S. jobs report from early August 2024. This period saw significant drops in bond yields influenced by the Bank of Canada's rate cut and adverse U.S. job data, setting the stage for a possible recession. The episode provides a thorough analysis of the potential…
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