Mortgage Brokers Tell You What To Do About Rising Interest Rates

April 15, 2022

This week’s episode takes a deeper dive into the Russia/Ukraine crisis and what it might lead to in this current economy. As we discussed last week, there are a lot of macroeconomic trends taking effect right now even without this crisis, including inflation, increasing interest rates, surging oil prices, and more.

If this crisis continues, how will it impact these current trends we are seeing? Have a listen to the episode to find out. The Bank of Canada is meeting next on April 13th. Not only will any rate changes resulting from that meeting be important, but so will the way it gets communicated to us. We will see who wins the $50 bet. Matt says no change, Marcus says 25 bps, and Justin says 50 bps.

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