💡 Did you know? Nearly 40% of Manitoba mortgages are set to renew in the next 12 months.
With higher interest rates, planning ahead can make all the difference.
#MortgageTips#ManitobaFinance
The @bankofcanada cut its policy rate to 2.50%, the 8th cut in this easing cycle. Officials say they’re moving “carefully” as trade disruptions, a weaker job market and slowing growth weigh on the outlook. #BankofCanada#InterestRates#Mortgages
🔗 https://t.co/yaZ5ArFw2Y
With growth slowing and inflation rising less than expected in August, the @bankofcanada is expected to cut rates tomorrow. Some economists suggest it may not be the last move. #BoC#CdnEconomy#Inflation
🔗 https://t.co/stl8rtmlm2
The loonie is set for a rebound as the Fed starts cutting rates and Canada slows its easing cycle, experts say. USD/CAD could drift toward 1.35–1.36 by year-end. #Loonie#Forex#CdnDollar
🔗 https://t.co/a2jTyY5tiN
Being a first-time homebuyer in Canada isn’t as straightforward as it sounds. Programs like the RRSP Home Buyers’ Plan, FHSA and Ontario’s Land Transfer Tax Rebate all define it differently.
@RossTaylorMoney explains 👉 https://t.co/6qynlBrJnS
Canada’s 5-Year Bond Yield is sliding. Why it matters:
✔️ Fixed rates often follow yields → possible relief ahead
✔️ Variables depend on the BoC, but yields hint at cuts
✔️ Renewals still higher than past yrs, but softening may help
One Link — helping Manitobans since 2002.
All eyes on Sept 17: next Bank of Canada rate announcement. Aug jobs report: -66,000 jobs, unemployment up to 7.1% (highest in a decade outside the pandemic). Markets now see a 90% chance of a 0.25% cut—though CPI on Sept 16 could shift the call.
The loss of 65,500 jobs in August is fuelling expectations of a September @bankofcanada rate cut. Unemployment rose to 7.1%, but economists say inflation will ultimately guide the Bank’s next move. #BankofCanada#CdnEcon#Jobs
🔗 https://t.co/Olfn1zR876
Curious if you can use crypto to buy a home in Canada? From tax implications to AML compliance and lender hesitancy, @RossTaylorMoney breaks down what you need to know.
https://t.co/FDDcjYaZ5p
#Crypto#CdnRE#Mortgages#Bitcoin#Ethereum
National new home prices in Canada slipped 0.1% in July, the 4th straight monthly decline, led by drops in Hamilton, Guelph and Kelowna. Year-over-year, Toronto (-3.1%) saw the biggest fall, while Quebec City (+8%) led gains, Statistics Canada reported. #CdnHousing#RealEstate #NHPI