Inflation clocked in at 3%

Contact Marko Gelo, he's a Mortgage Broker! 604-800-9593 cell/text Vancouver 403-606-3751 cell/text Calgary Call Marko via WhatsApp homefinancingsolutions.ca Canadian inflation hit 3.0% in July, but almost the entire move traces back to one thing: gas prices tied to overseas shipping disruptions. What a lot of people don't realize is that even if the Bank of Canada holds steady on September 2nd, your fixed mortgage rate could still move — because fixed rates are priced off global bond yields, not the Bank of Canada. This week's article breaks down why bond markets in the US, Japan, and the UK just hit multi-year highs, what's really driving them, and what it means whether you're on variable, renewing soon, or house hunting in a housing market that's quietly rebalancing. CLICK HERE to be redirected to the blog version of this episode. CLICK HERE to be redirected to Mortgagenomics Canada Podcast YouTube Channel CLICK HERE to download Marko's award-winning Mobile Mortgage App! Hosted on Acast. See acast.com/privacy for more information.