The Truth About Interest Rates No One’s Telling You!

February 20, 2025

Welcome to the latest episode of Make Money Count! The latest inflation numbers are in, and they could be a game-changer. With the CPI showing signs of cooling, many are wondering—will the Bank of Canada finally cut interest rates? Before making any mortgage or investment decisions, you need to know how this could impact borrowing costs, home prices, and investment returns.

Inflation Is Slowing—But Is It Enough?

The latest CPI data suggests that inflation is easing in some areas, but not everywhere. Housing and energy costs remain high, making the Bank of Canada’s next move uncertain.

Mortgage Rates: Lock In or Hold Off?

If rates drop, it could mean lower payments for variable-rate borrowers and more competitive fixed-rate options. But should you act now or wait? We discuss the best strategy in this episode.

What’s Next?

The BoC is at a crossroads—if inflation continues to decline, rate cuts could come sooner than expected. However, if inflation remains sticky in key sectors like housing and energy, rates may stay elevated for longer.

At Cannect, we monitor market trends to help you make informed financial decisions. Whether you’re looking to secure a mortgage, refinance, or invest in our MIC for high returns, we’re here to guide you through every step.

Have questions? Reach out today for a free consultation and let’s discuss your best options.

Subscribe on your Favorite Platform

More Episodes

rate

In today’s episode of Make Money Count, Marcus and Justin break down Kevin Warsh’s first

Promo banner: '20% OFF THE PEAK?' with two men on the left and a stylized house on the right.

Canada’s real estate market is 20% off peak and the data has never looked better

Thumbnail: bold text 'LOCK IN' with 'OR PAY MORE' and a padlock icon beside a 3.99% badge on a blue grid background, with a man nervously holding a pencil near his eye and another person covering their face.

The Bank of Canada’s next rates decision is days away and if you have a

Bank

If you have ever sat across from your bank manager and walked away feeling like

Thoughtful man beside tomatoes and oil barrels on a blue grid background, with 'ARE WE DONE?' text.

Canada’s Inflation Is Out of Control & Your Mortgage Is Next If you have been

Thumbnail with blue grid background and bold white text 'US Job Data Went MISSING'; foreground man with hands pressed together and a small cutout of a politician behind him.

The numbers dropping this Friday could move your mortgage rate, and the agency publishing them