01/27/2022
🚨📈📣📣Jo’s Economic Update 📣📣📈🚨
The Bank of Canada announced yesterday that it will continue to hold the overnight rate steady, noting that the recovery continues to require extraordinary monetary policy support.
Worsening inflation pressures owing to global supply chain bottlenecks, labour shortages and rising energy costs will likely force the Bank of Canada to begin raising interest rates as early as March of 2022.
The next rate-setting day is March 2nd, 2022.
Now is the time to get in touch for a review of your mortgage strategy. It's important to get advice and a professional assessment of your situation if you want to switch your mortgage for a new rate, need a new mortgage, are renewing, or looking to refinance for debt consolidation, renovations, or other large expenditures.
Give me a call today!
Test negative stay positive,
Jo Joseph
Mortgage Specialist
Top Tier Mortgage
(Affiliate of Invis)
📲 613-324-5363
📧 [email protected]
🔎 www.toptiermortgages.ca
🗺 https://g.co/kgs/C9H6m2