Are Rate Cuts Coming In June? Canadian Mortgage Update Ep.8
In this episode of Mortgage Market Minute, we delve into the surprising strength of April's employment data and its impact on the Canadian mortgage market. Despite significant job gains, the unemployment rate remains at 6.1% due to a near-record increase in population. We also analyze the upcoming Bank of Canada's interest rate decision and how recent economic data may influence their move. In This Episode:
- April's Employment Data and Unemployment Rate - Impact of Job Gains on Interest Rate Decisions - Upcoming Economic Events: Key Dates to Watch
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