Rate Cuts Again? | Bank of Canada
Update: 2024-07-24
Description
Welcome to Make Money Count! In this video, we explore the predicted rate cut by the Bank of Canada and its potential impact on the real estate market. What does this decision mean for homebuyers, investors, and the overall housing market in Canada? However, a 25 basis point rate cut might be insufficient. We expect that at least an additional 50 basis points will be necessary to fully support the economic recovery. Join us as we explore the details and analyze how lower interest rates could influence property prices, mortgage rates, and investment opportunities. Stay tuned for expert insights and practical advice on navigating the changing landscape of Canadian real estate.
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