Are interest rates coming down in Canada in 2024!?! That's what Canada's economists and major banks are predicting. Andrew Hutchison, from Mortgage Architects, is back on the Halifax Real Estate Podcast to break down CIBC's predictions on interest rate decreases for 2024. We also break down the impact these potential rate decreases will have on home buyers, the overall real estate market, purchasing power and monthly mortgage payments.
Below is the link to the article we are referencing on this episode!
https://ca.finance.yahoo.com/news/interest-rate-cuts-story-2024-110046753.html?guccounter=1
Jason Paul
902-220-7357
jason@infinityrealestategroup.ca
Andrew Hutchison
902-240-7212
andrew@hutchisonmortgages.ca