Canadian Mortgage Update! Unemployment Spike & Rate Cut Prospects! Mortgage Market Minute | Ep.4
In this episode of Mortgage Market Minute, we delve into the recent spike in Canadian unemployment rates and its potential impact on interest rates. With unemployment reaching its highest level since October 2021, we explore how this could lead to changes in the Bank of Canada's interest rate policies. Plus, we analyze the broader economic indicators and what they signal for the future.

In This Episode:

- Canadian Unemployment Rate Surges to 6.1% in March 2024
- Implications of Rising Unemployment for Interest Rate Cuts
- Analysis of Current Economic Indicators and Future Rate Predictions


Stay tuned for more updates on the Canadian mortgage market, interest rates, and economic news that could impact your decisions.

Alexander Gasenko - your trusted Toronto & GTA mortgage broker.
Alexander Gasenko, Mortgage Broker
DLC Maple Mortgage Group, Lic #13415

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