Canadian mortgage rates are moving higher again, while inflation remains stuck at 3% and uncertainty around tariffs continues to weigh on the economy. This week we look at what is pushing fixed mortgage rates higher and why some borrowers who waited for lower rates are now seeing the opposite happen.

We break down the latest Canadian inflation numbers, rising bond yields, slower mortgage borrowing, household debt, and what the Canada US trade situation could mean for future interest rates. We also discuss Ottawa real estate, the current buyer’s market, why some properties are still selling quickly, and why trying to time the bottom on mortgage rates can backfire.

00:00 Current Market Overview

02:49 Interest Rates and Economic Impact

05:49 Borrowing Trends and Consumer Sentiment

08:53 Real Estate Market Dynamics

11:40 Future Rate Predictions and Economic Outlook

13:59 Global Economic Comparisons

16:57 Preparing for Rate Changes

20:00 Mood Boosts

Get in touch with us!

Paul Stevenson - Mortgage Agent Level 2

CENTUM Financial Services LP

Email: paul@paulstevenson.ca

Phone: 1-613-263-4543

https://www.paulstevenson.ca

David Warren - Mortgage Agent Level 2

Referral Mortgages

Email: david@referralmortgages.com

Phone: 1-613-686-6003

https://www.referralmortgages.com

If you have a question or topic you'd like to hear us discuss send us an email at: theottawarealestatepodcast@gmail.com or leave us a comment below!

New Episodes of the podcast are available on Wednesdays at 10AM on all podcast services and at www.theottawarealestatepodcast.com

Brought to you by Referral Mortgages, PaulStevenson.ca, Guertin/Poirier Avocates Lawyers, BIG - Billyard Insurance Group, and A to Z Cleaning Expert.