In this episode of Mortgage Market Minute, we dive into the recent positive surprise in Canadian inflation and what it means for future interest rates. With inflation easing more than expected, the Bank of Canada might not need to maintain high interest rates much longer. Plus, we discuss the anticipated mortgage rate cuts and the upcoming Canadian unemployment rate report.
In This Episode: - Surprising Canadian Inflation Trends in February 2024 - Predictions for Bank of Canada's Interest Rate Cuts - Upcoming Key Economic Indicator: Canadian Unemployment Rate
Stay tuned for more updates on the Canadian mortgage market, interest rates, and economic news that could impact your decisions.
Alexander Gasenko, Mortgage Broker DLC Maple Mortgage Group, Lic #13415