Bank Of Canada Rates Go Up & Consumer Sentiment Goes Down

In todays show we talk about the Bank of Canada and its Rate Decision, We also look at the IMF and a recent study they released. We also look at CMHC, thats Canadian Mortgage & Housing Corporation and why they say the Canadian economy can’t afford any more rate hikes, so buckle up, this a good one. • How the rate hike will affect your variable mortgage • IMF Reports high levels of household debt & large share of borrowing issued at floating rates are more exposed to higher mortgage payments resulting in a higher risk of defaults in Canada •

46% of respondents in a CMHC said they must adjust their household budget. • If you have any questions for the show or want to work with Nick and Dan please reach out to them on social media or send an email to tcreipodcast@gmail.com Sign up for our Course Course Sign up for the Newsletter Meetups meetups Merch merch Get a Pre Approval G & H Mortgage Group Work with Landbank LandBank Nick Instagram.com/mybuddynick tiktok.com/@mybuddynick twitter.com/mybuddynick89 Dan twitter.com/daniel_foch instagram.com/danielfoch tiktok.com/@danielfoch

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