Episode #80 | BOC Makes Jumbo Move! Now What?! | Toronto Real Estate

In this episode of the Toronto Real Estate Podcast, Ralph Fox and Jason Friesen discuss the Bank of Canada’s recent 50 basis point rate cut and its implications for homebuyers, investors, and the overall real estate market. Join us at Fox Marin as we explore how this move impacts borrowing costs and housing affordability and what it signals about Canada’s economy compared to the U.S. Ralph & Jason dive deep into the differences between fixed and variable mortgage rates, how new mortgage rules will shift purchasing power, and why Canadians feel the squeeze on their wallets. Plus, they share tips for navigating today’s unpredictable market, whether you’re a first-time buyer or a seasoned investor. ____________________________________________________ Speakers: Ralph Fox (Co-Founder and Broker of Record at Fox Marin) Jason Friesen (Mortgage Agent & Managing Partner, Outline Financial)