In Canada Inflation may have run its course, a 2.7% CPI Report with falling indicators in several categories seems to show the Bank of Canada’s steep & swift Rate Increases have done their job. Rate Cut in June? Maybe but far from certain however the chances of a Rate Cut on July 24th or September 4th are nearing 100% A topic of discussion needs happen about Mortgage Rates: how fast will they come down & how far?
This content was originally posted on the Angry Mortgage YouTube Channel