The Flow: Real Estate and Money Show

The US & Canada are tied together whether you like it or not...but does it mean Canadian rates always go up (or down) with the US?I broke down what's going to happen, what has happened & What to do in todays video:🛠️ FREE TOOLS & RESOURCES:PREPARE Framework - Decide on Your Mortgage Fixed or Variable in 7 Questionshttps://getflowmortgage.ca/free/fixed-vs-variableWealthFlow Newsletter - Weekly market data & Economic Updateshttps://zfrmz.com/4hiodTOpjIgqNIy7fvmM💰WORK WITH US:Book a free strategy callhttps://getflowmortgage.ca/contactFlow Mortgage Co https://getflowmortgage.ca 🌊🌊🌊🎙️ Make sure to check out our brand new podcast, "The Flow: Real Estate & Money Show" wherever you listen to podcasts. https://podcasters.spotify.com/pod/show/the-flow-show-real-estate🌐If this content lights a bulb for you, give us a like, share, and make sure you're subscribed to Flow Mortgage Co. 🌊🌊🌊For daily content make sure to follow us on social media!🌊 Flow Instagram: https://www.instagram.com/flowmortgageco/🐶 Alex's Instagram: https://www.instagram.com/themortgagepug/

ONE HIKE RARELY STAYS ONE HIKE 👀• BoC is still sitting at 2.25%• The last 3 hiking cycles ran 3, 5 and 10 hikesLast cycle also had 50, 75 and even 100 bps moves 😬If variable saves you $160/month on a $500K mortgage, run the numbers 1% higher. That’s roughly $275/month more.🛠️ FREE TOOLS & RESOURCES:Rate My Rate - Instant Mortgage Checkup (free, no login required)https://rate.getflowmortgage.caPREPARE Framework - Decide on Your Mortgage Fixed or Variable in 7 Questionshttps://getflowmortgage.ca/free/fixed-vs-variableWealthFlow Newsletter - Weekly market data & Economic Updateshttps://zfrmz.com/4hiodTOpjIgqNIy7fvmM💰WORK WITH US:Book a free strategy callhttps://getflowmortgage.ca/contactFlow Mortgage Co https://getflowmortgage.ca 🌊🌊🌊🎙️ Make sure to check out our brand new podcast, "The Flow: Real Estate & Money Show" wherever you listen to podcasts. https://podcasters.spotify.com/pod/show/the-flow-show-real-estate🌐If this content lights a bulb for you, give us a like, share, and make sure you're subscribed to Flow Mortgage Co. 🌊🌊🌊For daily content make sure to follow us on social media!🌊 Flow Instagram: https://www.instagram.com/flowmortgageco/🐶 Alex's Instagram: https://www.instagram.com/themortgagepug/

The Bank of Canada did nothing on September 2nd. Seventh hold in a row. So why did the fixed rate market start pushing up?I got asked that about a dozen times last week, and everybody in the country is getting it wrong.🛠️ FREE TOOLS & RESOURCES:Rate My Rate - Instant Mortgage Checkup (free, no login required)https://rate.getflowmortgage.caPREPARE Framework - Decide on Your Mortgage Fixed or Variable in 7 Questionshttps://www.getflowmortgage.ca/free/f...WealthFlow Newsletter - Weekly market data & Economic Updateshttps://zfrmz.com/4hiodTOpjIgqNIy7fvmM💰WORK WITH US:Book a free strategy callhttps://getflowmortgage.ca/contactFlow Mortgage Co https://getflowmortgage.ca 🌊🌊🌊🎙️ Make sure to check out our brand new podcast, "The Flow: Real Estate & Money Show" wherever you listen to podcasts. https://podcasters.spotify.com/pod/sh...🌐If this content lights a bulb for you, give us a like, share, and make sure you're subscribed to Flow Mortgage Co. 🌊🌊🌊For daily content make sure to follow us on social media!🌊 Flow Instagram:   / flowmortgageco  🐶 Alex's Instagram:   / themortgagepug  

🛠️ FREE TOOLS & RESOURCES:Rate My Rate - Instant Mortgage Checkup (free, no login required)https://rate.getflowmortgage.caPREPARE Framework - Decide on Your Mortgage Fixed or Variable in 7 Questionshttps://www.getflowmortgage.ca/free/fixed-vs-variableWealthFlow Newsletter - Weekly market data & Economic Updateshttps://zfrmz.com/4hiodTOpjIgqNIy7fvmM💰WORK WITH US:Book a free strategy callhttps://getflowmortgage.ca/contactFlow Mortgage Co https://getflowmortgage.ca 🌊🌊🌊🎙️ Make sure to check out our brand new podcast, "The Flow: Real Estate & Money Show" wherever you listen to podcasts. https://podcasters.spotify.com/pod/show/the-flow-show-real-estate🌐If this content lights a bulb for you, give us a like, share, and make sure you're subscribed to Flow Mortgage Co. 🌊🌊🌊For daily content make sure to follow us on social media!🌊 Flow Instagram: https://www.instagram.com/flowmortgageco/🐶 Alex's Instagram: https://www.instagram.com/themortgagepug/

In this episode, Alex McFadyen breaks down the recent economic data, the Bank of Canada's upcoming decision, and how tariffs and inflation impact mortgage rates and the housing market. He explains complex economic concepts in a clear way to help Canadians understand what it means for their finances.takeawaysCanada's GDP growth in Q2 was 3.3%, exceeding the Bank of Canada's forecast.Potential output is the growth rate that keeps inflation stable, currently at 1.2%.Tariffs and trade tensions increase economic uncertainty, affecting interest rate decisions.The Bank of Canada is expected to hold rates steady at 2.25% in the upcoming meeting.Mortgage rates are rising as bond yields increase, impacting fixed-rate loans.Market expects no rate cuts in the near term due to strong growth and inflation data.Homeowners should review their mortgage terms and consider prepayment penalties.Economic uncertainty from tariffs could slow employment and housing demand.🛠️ FREE TOOLS & RESOURCES:Rate My Rate - Instant Mortgage Checkup (free, no login required)https://rate.getflowmortgage.caWealthFlow Newsletter - Weekly market data & Economic Updateshttps://zfrmz.com/4hiodTOpjIgqNIy7fvmM💰WORK WITH US:Book a free strategy callhttps://getflowmortgage.ca/starthttps://podcasters.spotify.com/pod/show/the-flow-show-real-estate🌐If this content lights a bulb for you, give us a like, share, and make sure you're subscribed to Flow Mortgage Co. 🌊🌊🌊For daily content make sure to follow us on social media!🌊 Flow Instagram: https://www.instagram.com/flowmortgageco/🐶 Alex's Instagram: https://www.instagram.com/themortgagepug/