Welcome to the latest episode of Make Money Count! In this episode, Marcus and Justin share their insights on the latest economic trends, from rising CPI to challenges in the housing market. Get a sneak peek into how these developments impact mortgages and affordability.

Episode Highlights

CPI and Interest Rates: What’s Driving the Trend?

CPI is rising, mainly due to higher shelter costs like property taxes. Bond yields are climbing, with the 5-year Government of Canada bond hitting 3.166%. With the Canadian dollar weakening, what’s the real impact on homeowners and the mortgage market?

Why Variable Rates Make Sense Now

With the gap between fixed and variable rates narrowing and rate cuts expected, Marcus shares his strategy for locking in your best rates as prime rate discounts tighten.

The Condo Market Dilemma

Is there an oversupply of condos? As single-family homes gain value, condo developers face shifting market trends and investor strategies. Marcus and Justin provide valuable insights into this challenge.

Housing Supply Bottlenecks: Who’s to Blame?

High development costs, lengthy approval delays, and rising regulatory hurdles are stalling crucial housing projects. What’s driving the cycle of limited supply and high costs, and how is it affecting housing affordability for Canadians?

Watch the Full Episode Now!

Stay tuned for more expert insights in upcoming episodes! And as always, if you have any questions or want to discuss your mortgage options, we’re here to help.