4 | BOC Interest Rates - Explained

30/01/2025 38 min Temporada 2 Episodio 4

Listen "4 | BOC Interest Rates - Explained"

Episode Synopsis



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.