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.com
Facebook
@markogelo (Twitter)
MarkoMusic (SoundCloud Account)…all podcast music tracks are performed and produced by Marko
PODCAST: Why are mortgage rates going up?!
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.com
Facebook
@markogelo (Twitter)
MarkoMusic (SoundCloud Account)…all podcast music tracks are performed and produced by Marko