e56 - Navigating Rate Drops: What You Need to Know with Professor Davidoff
Update: 2025-03-12
Description
The Bank of Canada dropped rates by 1/4% on March 12, 2025. This is the 7th straight interest rate drop and it falls in amongst some very turbulent economic and political times.
Our guest, Professor Thomas Davidoff, from UBC explores the interest rate decrease and its effects on you, the mortgage consumer. We also discuss the impacts of tariffs and how they play into the Bank of Canada's decision making process.
And we finish by asking Professor Davidoff where he thinks the opportunities are in the mortgage market and in real estate.
Have a listen!
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