How is the bond market affecting interest rates and the economy?
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This week on Under One Roof MTL, we try to predict what will happen with interest rates in Q4 2024. Plus, as interest rates keep coming down, should you go with a fixed or variable rate right now? Meanwhile, the bond market is heating up. What does this mean for homeowners, or people who are looking to buy a house right now? We also explain what it means to break your mortgage, and go over the pros and cons of doing so, in addition to discussing how to get out of your lease, AND we have valuable tips and insights for snowbirds who either already own property in Florida, or are considering purchasing a vacation home in the hurricane ravaged state.   
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This week on Under One Roof MTL, we break down the financial implications of the Bank of Canada's latest interest rate cut, decreasing the overnight lending late by an additional 50 basis points, bringing the key rate to 3.75%. How will this cut impact the Canadian economy, and the real estate...
Published 10/27/24
Published 10/27/24