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U.S. Rate Cuts and 2% CPI in Canada: Time to Switch to Variable Rate Mortgages?

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Manage episode 441125363 series 2965970
Content provided by Cannect Inc.. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Cannect Inc. or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

In this episode, we break down the major factors influencing interest rates in Canada and the U.S. – from the Federal Reserve’s recent 50 basis point cut to Canada's CPI hitting 2%. With more rate cuts expected in 2024 and 2025, it's crucial to understand how this impacts your mortgage. Should you switch to a variable-rate mortgage? What about potential penalties? We cover it all, including key advice on how to navigate this shifting economic environment and save money on your mortgage. Don't miss out on these expert insights!

  continue reading

100 episodes

Artwork
iconShare
 
Manage episode 441125363 series 2965970
Content provided by Cannect Inc.. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Cannect Inc. or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

In this episode, we break down the major factors influencing interest rates in Canada and the U.S. – from the Federal Reserve’s recent 50 basis point cut to Canada's CPI hitting 2%. With more rate cuts expected in 2024 and 2025, it's crucial to understand how this impacts your mortgage. Should you switch to a variable-rate mortgage? What about potential penalties? We cover it all, including key advice on how to navigate this shifting economic environment and save money on your mortgage. Don't miss out on these expert insights!

  continue reading

100 episodes

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