🎙️ Episode 42: Bank of Canada Rate Cut, Mortgage Rule Shake-Up & Recession Risks

📉 Interest rates are dropping, but will tariffs push Canada into a recession?📈

This week on The Real Deal Pod, Geoff and Allister break down the biggest economic and real estate shifts happening RIGHT NOW:

 

🔹 Bank of Canada Rate Cut – The overnight rate drops 0.25% to 3%. What does this mean for your mortgage, home prices, and borrowing power?

 

🔹 Tariff Threats & Recession Risks – A proposed 25% U.S. tariff could shrink Canada’s GDP by 2.4% in year one. Will this lead to higher inflation and economic slowdown?

 

🔹 Mortgage Rule Changes That Could Save You Thousands

✅ Switch lenders at renewal – No more stress test hurdles!

✅ Refinance up to 90% for secondary suites & multi-unit conversions

 

📢 This episode is packed with insights every homeowner, investor & buyer NEEDS to hear!

 

🎧 Listen now on your favourite platform!

 

➡️  Find out how we can help you with your homeownership journey!   

 

Allister Carrington Realtor, Fraser Valley Real Estate www.AllisterCarrington.com 1.778.990.8703 [e-mail]

 

Geoff Lee Mortgage Broker, GLM Mortgage Group www.GLMmortgage.com 1.604.259.1486 [e-mail]

 

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