Welcome back to The Green Effect, Season 6, Episode 7!

One would argue we are witnessing history right now, and it is having a massive domino effect on the Canadian economy, inflation, and your mortgage. This week, we are breaking down exactly what the Bank of Canada is doing, why bond yields are spiking to 14-month highs, and why I spent my weekend locking in rates.

If you are a buyer, seller, or real estate professional, you cannot afford to miss this episode. We are also diving deep into the demographic shifts you need to understand, including why Millennials are the hottest buyers on the market.

In this episode, we cover:

• The Inflation Domino Effect: How rising global tensions and oil prices are threatening the economy and why businesses will pass those costs on to you.
• The Bond Yield Spike: Why fixed-rate mortgages are jumping rapidly and why you need a mortgage broker who will protect you by locking your rate immediately.
• The Bank of Canada's Admission: Carolyn Rogers' surprising comment about why Canadian house prices have to come down, and how this affects different demographics.
• The First-Time Home Buyer Boom: Why the 25-29 demographic is the most critical cohort for sellers right now.
• The Immigration Shift: How the drop in temporary visas is affecting the market.

If your mortgage broker didn't call you this weekend to lock in your rate, you need to listen to this—and then give me a call.

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