Summary
(April 7, 2020) Bank of Canada drops rates by 1.5%, but mortgage rates do otherwise.
The following is discussed in this episode:
- when bond yields go down, mortgage rates are supposed to follow…but, not these days
- if Prime Rate goes down, do fixed rates also go down?
- where are interest rates in Canada headed?
- what is the “Bank of Canada” and what is its purpose?
- how to capture the best interest rate for your upcoming mortgage renewal
- listen to the episode for more details!
- ALSO INCLUDED: a brand new Marko-Gelo-Garage-Band song…check it out. “23 Days in Berlin”
Contact Marko, he’s a Mortgage Broker:
604-800-9593 direct Vancouver
403-606-3751 direct Calgary
@markogelo (Twitter)
MarkoMusic (SoundCloud Account)…all podcast music tracks are performed and produced by Marko
