Latest / The Ottawa Real Estate Podcast
Your Mortgage Rate Just Got Hit by Global Conflicts
The Bank of Canada held rates but what Tiff Macklem said about sticky inflation should have every Canadian buyer and homeowner paying close attention. Global conflicts are pushing energy prices up, and that pressure is already working its way into mortgage rates and everyday costs across Canada.In this episode we discuss the rate decision, new government changes to mortgage insurance and the RRSP home buyers plan that most people have completely missed, and why no matter how good AI gets, it will never replace a real conversation when hundreds of thousands of dollars are on the line.00:00…
The skinny
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