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Attention: 5 Year Fixed Mortgage Rates Now at 3.99% 1 день назад


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Attention: 5 Year Fixed Mortgage Rates Now at 3.99%

📩 Subscribe to Deal of the Week: https://www.condowong.ca/deals 📲 Schedule a Call with Dan: https://www.condowong.ca/call What are the implications for fixed mortgage rates below 4%? 🔔 Rate Cuts: Is the Bank of Canada Ready to Make a Bold Move? 🔔 In this video, we dive deep into the latest developments around the Bank of Canada's interest rate cuts in 2024 and what they mean for the fixed mortgage rate landscape. With three consecutive 0.25% rate cuts already behind us, we explore whether the Bank of Canada is preparing to go bigger with potential jumbo rate cuts in the coming months. 💰 We'll cover: 1️⃣ The recent unexpected jumbo rate cut by the US Federal Reserve and how it's influencing Canadian mortgage rates. 2️⃣ The warning signs of Canada’s slowing economy and the growing possibility of larger rate cuts. 3️⃣ How upcoming mortgage renewals could pressure the Bank of Canada to act more aggressively. Subscribe and hit the bell to stay updated on all the latest news about fixed mortgage rates, and how these changes can impact your housing plans! 🏡 💬 What do you think? Are we in for a 0.5% rate cut soon? Let me know in the comments! #fixedmortgagerate #BankofCanada #mortgagerates #interestrates #housingmarket

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