Episode 80: Why Fixed Mortgage Rates Are Rising Again in Canada

Send us Fan MailThe Bank of Canada held rates again, but that does not mean Canadians are in the clear.In Episode 80 of The Canadian Mortgage Show, Alex Pang and Alex Shanks break down why fixed mortgage rates are moving higher anyway, how bond yields and oil prices are changing the outlook, and why the war-driven spike in gas prices could keep pressure on inflation.They also dig into major Canadian trends that matter right now:falling inflation and weak economic datashrinking mortgage discounts from lenderstipping culture backlash in Canadapopulation decline for the first time in decadesGST rebate confusion for first-time home buyersBC’s PST clarification on commercial real estateBC’s credit downgrade and what it could signalCanada’s drop in world happiness rankingsIf you’re buying, refinancing, locking in, or just trying to understand where Canadian rates may go next, this episode gives you the context you need.Topics covered:Canadian mortgage rates, Bank of Canada, fixed vs variable, bond yields, inflation, gas prices, real estate market Canada, first-time home buyer GST rebate, BC housing, Canadian economy#CanadianMortgageShow #MortgageRates #BankOfCanada #CanadaHousing #FixedRates #RealEstateCanadaPodcast Social Links:Website: https://canadianmortgageshow.com/Instagram: https://www.instagram.com/canadianmortgageshow/Facebook: https://www.facebook.com/canadianmortgageshow/Follow Our Hosts:Alex Pang Tiktok: https://www.tiktok.com/@alexpangmortgage/Instagram: https://www.instagram.com/alexpangmortgage/Alex Shanks Tiktok: https://www.tiktok.com/@mortgagemanagement/Instagram: https://www.instagram.com/alexshanksmortgagemanagement/