Middle East War… Will Mortgage Rates Spike Again?

In this episode of the Make Money Count Podcast, we break down how global events like war, rising oil prices, and inflation could impact mortgage rates in Canada. Oil prices have already surged more than 20%, and markets are reacting fast. When energy prices rise, inflation often follows, and that can directly influence interest rates and mortgage costs. So what does this mean for homeowners and anyone renewing their mortgage? In this episode, we discuss:  ✔ Why oil prices are suddenly surging ✔ How global conflicts affect inflation ✔ What rising bond yields mean for mortgage rates ✔ Whether fixed mortgage rates could increase again ✔ What Canadians should consider before renewing their mortgage With Canada currently facing a massive mortgage renewal wave, the timing of these global events could have a real impact on homeowners. Should you lock in your mortgage rate now? Could oil prices push inflation higher again? And what happens if oil hits $100 per barrel? Listen to the full episode to understand how geopolitics, energy markets, and inflation could shape the future of mortgage rates.