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Let's Talk House Episode 14: Understanding Bank of Canada Interest Hike, Inflation and House Affordability

Let's Talk House Episode 14: Understanding Bank of Canada Interest Hike, Inflation and House Affordability

Released Thursday, 8th June 2023
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Let's Talk House Episode 14: Understanding Bank of Canada Interest Hike, Inflation and House Affordability

Let's Talk House Episode 14: Understanding Bank of Canada Interest Hike, Inflation and House Affordability

Let's Talk House Episode 14: Understanding Bank of Canada Interest Hike, Inflation and House Affordability

Let's Talk House Episode 14: Understanding Bank of Canada Interest Hike, Inflation and House Affordability

Thursday, 8th June 2023
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Let's Talk House Episode 14:  The cost of bringing down inflation is becoming challenging even for Bank of Canada as the country's economy remains strong with strong labour market demand.  This resulted in a 25 basis point increase that caught even the majority of economist off-guard. In anticipation for the rate hike, the prime rate, variable and fixed rate mortgages have gone up as well. Join us as we explore the far-reaching implications of the Bank of Canada's rate hike on homeowners and prospective buyers, shedding light on the evolving dynamics of the real estate market.

#podcast #realestatepodcast #realestateadvice #torontorealestate #torontomortgage #boc #bankofcanada #bankofcanadaratehike #realestatetips #dreamhome #realestategoals #ThursdayTips #thursday #realestateagent #firsttimebuyer #homehack #homehacks #torontorealestate #torontolife #buyingahome #buyinghomes #buyingahome #homebuyingtips #homebuying101  #leivillarre #leivillarrealestate #leivillarcisneros

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