Great Info! However, too many were optimistic at the wrong time, now negative at the wrong time. This rate cut was a huge economic indicator that people are not really understanding. Plus the gov is directly supporting the real estate market through mortgage rule changes, We have hit the real estate market bottom and no where to go but up!!
⏰TIMESTAMPS⏰
00:00 Introduction
00:41 Inflation And Interest Rates In Canada
02:00 Effects Of Fixed Mortgages
Great Info! However, too many were optimistic at the wrong time, now negative at the wrong time. This rate cut was a huge economic indicator that people are not really understanding. Plus the gov is directly supporting the real estate market through mortgage rule changes, We have hit the real estate market bottom and no where to go but up!!
Be careful with the rate cut because the world economic condition world wide still uncertain.