![Artwork](/static/images/128pixel.png)
Siirry offline-tilaan Player FM avulla!
With Bond Yields Dropping, Are Fixed Rate Mortgages Your Best Option?
Manage episode 425806641 series 2965970
Welcome to Make Money Count! In this episode, we cover the latest updates in the mortgage market and economic trends impacting your financial decisions. We discuss Canada's 5-year bond yield drop to 3.3%, resulting in average fixed mortgage rates of 4.8%. We explore why opting for a variable-rate mortgage could be wise amidst current economic conditions. We also analyze the Bank of Canada's cautious stance on interest rate cuts due to inflation concerns, with decisions pending on economic performance in both Canada and the US.
98 jaksoa
Manage episode 425806641 series 2965970
Welcome to Make Money Count! In this episode, we cover the latest updates in the mortgage market and economic trends impacting your financial decisions. We discuss Canada's 5-year bond yield drop to 3.3%, resulting in average fixed mortgage rates of 4.8%. We explore why opting for a variable-rate mortgage could be wise amidst current economic conditions. We also analyze the Bank of Canada's cautious stance on interest rate cuts due to inflation concerns, with decisions pending on economic performance in both Canada and the US.
98 jaksoa
Все серии
×Tervetuloa Player FM:n!
Player FM skannaa verkkoa löytääkseen korkealaatuisia podcasteja, joista voit nauttia juuri nyt. Se on paras podcast-sovellus ja toimii Androidilla, iPhonela, ja verkossa. Rekisteröidy sykronoidaksesi tilaukset laitteiden välillä.