{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/5aa1e2c209689f487cfd5172/6ae68e71b478422f9196518e?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"Bank of Canada hikes","thumbnail_width":200,"thumbnail_height":200,"thumbnail_url":"https://open-images.acast.com/shows/5aa1e2c209689f487cfd5172/1793494435750-bceb3f46-fcfb-4247-8c3b-7d2340e55aef.jpeg?height=200","description":"<p><strong><em>Contact Marko Gelo, he&#39;s a Mortgage Broker!</em></strong></p><p><strong><em>604-800-9593 cell/text Vancouver</em></strong></p><p><strong><em>403-606-3751 cell/text Calgary</em></strong></p><p><strong><em>Call Marko via<a href=\"https://call.whatsapp.com/voice/lmPH3Z6qe133siBYvTghHb\" rel=\"noopener noreferrer\" target=\"_blank\"> WhatsApp</a></em></strong></p><p><strong><em><a href=\"https://homefinancingsolutions.ca/blog/\" rel=\"noopener noreferrer\" target=\"_blank\">homefinancingsolutions.ca</a></em></strong></p><p><br></p><p>The Bank of Canada rate hike to 2.50% is its first since 2023, and history says we can expect more to come.</p><p>In this article, I dig into why the Bank hiked, why one-and-done rate hikes are basically Canadian unicorns, and what the market is pricing in for December and beyond. I also talk about how the hike hits adjustable-rate mortgages, static-payment variables and fixed-rate borrowers, and why variable rate mortgages could still be an attractive strategy.</p><p><br></p><p>Other points covered: the mortgage renewal wave is wrapping up over the next 12 months, the key dates to watch (November 16 inflation data and the December 9 rate decision), and my mortgage tip of the week on reading your approval conditions.</p><p><br></p><h2><a href=\"The Bank of Canada rate hike to 2.50% is its first since 2023, and history says we can expect more to come. In this article, I dig into why the Bank hiked, why one-and-done rate hikes are basically Canadian unicorns, and what the market is pricing in for December and beyond. I also talk about how the hike hits adjustable-rate mortgages, static-payment variables and fixed-rate borrowers, and why variable rate mortgages could still be an attractive strategy. Other points covered: the mortgage renewal wave is wrapping up over the next 12 months, the key dates to watch (November 16 inflation data and the December 9 rate decision), and my mortgage tip of the week on reading your approval conditions.\" rel=\"noopener noreferrer\" target=\"_blank\">CLICK HERE</a> to be redirected to the blog version of this episode.</h2><p><a href=\"https://www.youtube.com/@mortgagenomicscanadapodcast\" rel=\"noopener noreferrer\" target=\"_blank\">CLICK HERE</a> to be redirected to Mortgagenomics Canada Podcast YouTube Channel</p><p><a href=\"https://www.mccapp.ca/app/marko-gelo2?_branch_referrer=H4sIAAAAAAAAA02MSwvCMBCEf01ys8XUkxBEEKUHb97LNlma0rzIo1F/vclN2FlmhuFTKfl47nsjhAALcgVr0gLed016tVt/IewEusAnThLRt46nkJHWXmLckvNTDpqrhiLDlbB7vVJKV6GNIqDmauo3EDZ3WFA7RtgQlSsvfKfR+pyoAONhXSyv0+lvSIUCa1HzgjMVOSZnMIySP4vav/Njx9vxBxLMgwjGAAAA#showTextInput\" rel=\"noopener noreferrer\" target=\"_blank\">CLICK HERE</a> to download Marko&#39;s award-winning Mobile Mortgage App!</p>","author_name":"Mortgagenomics Canada"}