Inflation Falls: What’s Next? | Canada Real Estate

The Canadian CPI Report says inflation is crushed (so how come we all feel prices are still nuts?) it has fallen below 2% to 1.6% well below forecast. But the important question is what’s it mean to Mortgage Rates? It means Bank of Canada CUTS BABY CUTS!! They have clear sailing now to cut 50 BPS on Oct 24th or cut 25 BPS & then 50 BPS on Dec 11th. Let’s get CLEAR, the Economy is weak and getting weaker, the Bank of Canada will cut this year & next year. We will get to a BoC Rate of 3% or less. Everyone who fights this truth is going down the wrong path

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Did you miss our previous article...
https://trendinginrealestate.com/real-estate-trends/top-mistakes-in-raising-private-money-for-real-estate-shorts