The Government of Canada's 5-year bond yield has dropped to 3.3%, affecting long-term fixed mortgage rates. In this video, we discuss how this change impacts borrowers, the benefits of variable rates, and the Bank of Canada's balancing act between rate cuts and inflation. We also explore current real estate market conditions and provide advice for sellers. Will there be rate cuts in September? Stay tuned for valuable insights to help you navigate the mortgage landscape.
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