Key Topics:
- Understanding the Bank of Canada’s Policy Rate – How it influences borrowing costs and the overall economy.
- Impact on Mortgage Rates – Differences between variable and fixed-rate mortgages.
- Bond Yields & Fixed Mortgage Rates – Why they matter for long-term borrowing.
- Winners & Losers of Lower Rates – First-time buyers, investors, and homeowners vs. savers and retirees.
- Strategic Moves for Buyers, Sellers & Investors – How to navigate the changing market conditions.
Takeaways:
- Lower rates make borrowing cheaper but can drive home prices up.
- Buyers should consider locking in rates while assessing market trends.
- Sellers may benefit from increased demand.
- Investors can leverage lower rates for better cash flow.
