Trump won! Are we in for doom in the Canadian Markets? Alex McFadyen of Flow Mortgage Co. explores the implications of Donald Trump's recent U.S. election victory for Canadian real estate and mortgage rates. The discussion covers the historical correlation between U.S. policies and Canadian mortgage rates, the effect of U.S. treasury yields on Canadian bond yields, and how these changes could influence fixed and variable mortgage rates in Canada. McFadyen dives into the potential impacts on inflation, economic growth, and housing demand. Key takeaways include the importance of monitoring trends and considering fixed-rate mortgages for stability amidst rising volatility.
Alex McFadyen is a seasoned independent mortgage broker with over 11 years of experience in the industry. Alex is the owner and Mortgage Advisor of Flow Mortgage Co.
Alex’s Social Media: @themortgagepug
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