The Bank of Canada is Watching
What it means in Canada: it means rates may come down faster then we thought & what is point it stops: The Terminal Rate
Today that looks like 3.00%. When do we get there? Likely mid 2025 if the Canadian Economy continues to deteriorate and the US economy also contracts: What will it mean for Mortgage Rates? What does it mean for House Prices?
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Did you miss our previous article...
https://trendinginrealestate.com/real-estate-trends/assassination-attempt-and-a-changing-world-peter-zeihan