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Showing posts with the label canadaeconomycollapse

Are Mortgages Rates in Canada Indicating the Onset of a Recession?

Hey there! In this YouTube video, you'll catch mortgage broker Dion Beg from Kanga Mortgage and me, Gary McGowan, a realtor with Keller Williams, diving into a chat about the rising unemployment rates in Canada, the current state of interest rates, and the shortage of new construction. We're breaking down how all of these factors could potentially impact the Canadian economy. Stay tuned for some insightful perspectives! 🏢📈🇨🇦 Download the Buyers, Sellers and Negotiation Guides here: Gary A. McGowan is a licensed REALTOR® on the Toronto Regional Real Estate Board. Agent Innovation, your ultimate Realtor Support Lead Gen partner! Weekly Real Estate Podcast about the strange, funny, insightful things that happen as a Realtor and Investor, Link to podcast: Cool T-Shirts Here: 10% Discount Code: CHATTER10 Download My Property Proforma Template Let’s have a ZOOM Coffee ☕️ to Grow your Business Follow Gary on Instagram 🤳 ------- Powered By: ✅ Eca

rewrite this title Canada's Inflation: Buckle Up and Hold on Tight!

Go here to learn these strategies CREATIVE BUYING STRATEGiES Just Getting Started? Invest in Real Estate The RIGHT Way! #shorts #shorts Watch the full episode here: Join us for an enlightening conversation as we delve into the intricacies of Canada's economic landscape, focusing on three significant factors: rising bond yields, mortgages hitting trigger rates, and the ironic side of inflation. In this video, we break down these topics and explore their implications for the Canadian economy. Firstly, we explore the concept of rising bond yields and their impact on various aspects of the economy. We discuss the factors driving this upward trend and the consequences for investors, businesses, and consumers. By understanding the dynamics behind rising bond yields, viewers gain valuable insights into how they shape the overall economic climate in Canada. Next, we examine mortgages hitting trigger rates, a phenomenon that occurs as interest rates rise, potentially imp