12 July 2019

A rate cut in Canada depends on the U.S. We have a federal election this fall, and rates tend not to change before it, but we still need to see what the U.S. decide. The Fed talks about several rate cuts, and if it’s true, the BoC will have to follow the example in order not to let the loonie grow too fast.

Although Canada created more jobs in the first quarter than during entire 2018, some say the numbers don’t show the whole picture.

If you are interested to find out more about mortgage rate trends and new CMHC incentive for first time buyers, MortgageLegko.com team is hosting free Summer BBQ on July 14th and doing presentations about new exiting program for first-time buyers and ways to free up equity for more experienced and mature homeowners. Please register here to get your free ticket!