Latest / The Flow: Real Estate and Money Show

The real reason mortgage rates aren't dropping (most are surprised)
The Bank of Canada decides on June 10, and last week’s jobs report may have just taken the rate cut you were budgeting for off
the table. Canada added 88,000 jobs in May against a forecast of 10,000, and bond yields jumped on the news. In this one I
break down what that actually does to fixed vs variable, why a strong economy makes your fixed rate more expensive, and how to plan your renewal around it.
📊 Calculate your renewal payment difference:
https://www.getflowmortgage.ca/smart/calculator
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The skinny
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