Latest / The Flow: Real Estate and Money Show
Will The Bank of Canada Keep Dropping Rates This Week? -E50
In this episode, Alex McFadyen from Flow Mortgage Co. discusses the anticipated Bank of Canada (BOC) rate cut expected on September 4th, and its potential repercussions for the Canadian real estate and mortgage markets. The episode delves into the recent US economic data, Canadian bond yields, fixed and variable mortgage rates, and strategies for consumers managing renewals. It also touches on long-term real estate market trends and offers advice for current and prospective homeowners. Alex emphasizes the importance of having a strategy and staying informed in a fluctuating market. Listeners…
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