The Bank of Canada just cut its overnight rate by 25 basis points, bringing it to 2.5%. But what does this mean for your mortgage, housing prices, and the Canadian economy? In this episode, Marcus breaks down:

Why did the U.S. and Canada cut rates on the same day
What’s really happening with inflation and the labor market
Why variable mortgages may now be the smarter move
How fixed rates, penalties, and bond yields fit into the picture

Listen now to understand whether you should stick with fixed, switch to variable, or refinance your mortgage.

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