Big Rate Decision Coming April 16!

In this week’s episode, Marcus breaks down how new U.S. tariffs — yes, even the science fair-style ones — are impacting mortgage rates here in Canada. With five-year bond yields dropping, we’re seeing some of the most competitive fixed mortgage rates in recent memory.
But with a possible Bank of Canada rate cut on April 16 and stagflation creeping in, what does it all mean for homebuyers, homeowners, and real estate investors?

- Are mortgage rates going down for good?
- Will this boost Canada’s cooling housing market?
- Should you go fixed or variable right now?

Get the answers (plus some classic Marcus takes)!

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[alexhakimi]

Recession and job loss going to be the main problem, Bank of Canada emergency rate cut is coming!

Real estate 🏡 market is dead
People can’t afford their bills
GM just stop production in Canada
And much more bad news ……

However if anybody looking to buy
Long term Canada housing is good investment
Take this opportunity to buy if you need a place to live and can afford it!

But who knows 🤷🏻

[IMLI]

I believe in no short term gains but a long term. Even the pain will be two years or more I believe it will be better to have interprovincial trades which will be better. Because we as a Canadian get very comfortable and don’t fight to make changes when when things are little stable.
So I think we need this bigger change no matter how much it impacts but that it only for few years. After few years we will be in golden age of Canada and we will be sovereign.
Other solutions
Reduce the qualifying rate, bank rate and 40 years amortization will buyer in the market and move from rental to owning. Than have education how to pay off the mtge.
That’s all.

[Willy-sbxh]

I have a 1.84% mortgage coming up for renewal in August that I’m not looking forward to.