Mortgages By Jeremy

02/09/2025

Yesterday’s Price Is NOT Today’s Price! ⬆️🏡💰As interest rates start to drop, borrowing gets cheaper—which means more buyers will jump into the market, driving up demand and, ultimately, home prices. If you’re waiting for the “perfect time” to buy, remember: the lower the rate, the higher the competition! Lock in your strategy now before prices climb. Watch the full podcast clip for insights from Deren Hasip

01/31/2025

📢 BREAKING: Bank of Canada Cuts Interest Rates! What Does This Mean for You? 📉🏡💰

The BoC just lowered its key interest rate by 0.25% to 3.0%, making borrowing cheaper for Canadians. But what does this really mean for homebuyers, homeowners, and the economy?

✔️ Lower mortgage rates = More affordability for buyers!
✔️ Canadian dollar dips to $0.692 USD – how will this impact inflation?
✔️ Housing market shift? Experts predict more rate cuts ahead.

💬 Do you think this will heat up the real estate market? Or are we still in for a slow recovery? Drop your thoughts in the comments! ⬇️

📖 Read the full breakdown here 👇 (Insert article link)

🔗 Like, comment & share to keep others informed!

Bank of Canada Cuts Policy Rate By 25 BPs The Bank of Canada (BoC) reduced the overnight rate by 25 basis points this morning, bringing the policy rate down to 3.0%. The market had anticipated a nearly 98% chance of this 25 basis point reduction, and consensus aligned with this expectation. The Fede...

01/21/2025

The Impact of Tariffs on Canadian Housing Markets

📢 What do you think about trade tariffs and their potential impact on Canada? Let us know in the comments below! 👇

The Impact of Tariffs on Canadian Housing Markets Today is President Trump’s inauguration day in the US, and contrary to earlier threats, officials have announced that he will not impose new tariffs on his first day in office. Instead, Trump will issue a comprehensive trade memo directing federal ...

01/14/2025

Welcome to the January issue of my monthly newsletter!

Happy New Year!
This month, I wanted to take a look at what is in store for us for the housing market as we head into 2025. Plus, I have some tips to help kick your financial health into gear for the next twelve months!

Happy New Year! This month, I wanted to take a look at what is in store for us for the housing market as we head into 2025. Plus, I have some tips to help kick your financial health into gear for the next twelve months! Scroll down for all the details.

04/11/2024

Bank of Canada holds firm on rates for the sixth time! 📈💼
Will June bring a change?

The Bank of Canada Cautious, But A Rate Cut In June Is Possible Today, the Bank of Canada held the overnight rate at 5% for the sixth consecutive meeting and pledged to continue normalizing its balance sheet. Governor Macklem confirmed that inflation is moving in the right direction, labour markets....

03/29/2024

Canada's inflation pressures ease in February, paving the way for potential interest rate cuts. Royal Bank economists highlight positive trends, signaling room for improvement.

The Consumer Price Index (CPI) rose 2.8% year-over-year in February, down from the 2.9% January pace and much slower than the 3.1% expected rate. Gasoline prices rose in Canada for the first time in five months, which led many analysts to forecast a rise in February inflation as seen in the US. Howe...

03/22/2024

February’s market shift is sparking excitement with growing demand for housing and expectations of interest rate cuts, the spring housing market is expected to be strong 💪🏾 🏠

February data bode well for a strong Spring housing market The Canadian Real Estate Association announced today that national home sales dipped 3.1% m/m in February while home prices were flat, ending a five-month price decline that began last fall. It was noteworthy that prices remained unchanged f...