#CanadaMortgageRates #CanadaRealEstate #canadianrealestate Canada’s fixed mortgage rates fell again in January, with insured rates falling below 5 percent. With the Bank of Canada (maybe) set to pause, some are asking if short-term mortgages will result in the most savings for home buyers.Links: Canada 5 Year Government Bond: https://www.marketwatch.com/investing/bond/tmbmkca-05y?countrycode=bxExperts say inflation report supports one final Bank of Canada rate hike before pausing: https://www.bnnbloomberg.ca/experts-say-inflation-report-supports-one-final-bank-of-canada-rate-hike-before-pausing-1.1871330Bank of Canada not ready to hit the brakes on rate hikes yet, economists say: https://globalnews.ca/news/9424285/bank-of-canada-interest-rate-preview-jan-2023/Bank of Canada raises key interest rate to 4.25 per cent, its highest since 2008: https://www.ctvnews.ca/mobile/business/bank-of-canada-raises-key-interest-rate-to-4-25-per-cent-its-highest-since-2008-1.6184133Does a short-term mortgage still make sense?: https://www.theglobeandmail.com/investing/personal-finance/household-finances/article-short-term-mortgage-make-sense/Posthaste: Variable rate mortgages are booming — should we be worried?:https://financialpost.com/executive/executive-summary/posthaste-variable-rate-mortgages-are-booming-should-we-be-worriedHalf of variable mortgage holders with fixed payments have hit trigger rate: BoC: https://globalnews.ca/news/9297311/trigger-rate-mortgages-bank-of-canada/We are at or near the peak for mortgage rates: BMO economist: https://www.theglobeandmail.com/investing/markets/inside-the-market/article-we-are-at-or-near-the-peak-for-mortgage-rates-bmo-economist/Canada’s Most Misconstrued Mortgage Study: https://www.ratespy.com/the-most-misconstrued-study-in-mortgage-history-03105681#Lower gas prices pull inflation back to 6.3% in Canada in December: https://ca.finance.yahoo.com/news/lower-gas-prices-pull-inflation-back-63-canada-december-134022486.htmlMark Mitchell – Mortgage Broker London Ontario920 Commissioners road east London, Ontario N5Z 3J1Phone: (519)860-2102 (Call or Text)[email protected]Brokerage Lic: 10464Broker Lic: M16001479https://www.LondonOntarioMortgages.ca – Apply Online!!Youtube Channel: https://www.youtube.com/c/MarkMitchellMortgageBrokerLondonOntarioSubscribe NOW for more Mortgage/Financial News/Videos.Follow me on Social Media:Instagram - https://www.instagram.com/mortgagebrokerlondonontarioFacebook - https://www.facebook.com/londonontariomortgagesTwitter - https://twitter.com/londonmortgage1/LinkedIn - https://www.linkedin.com/in/mark-mitchell-london-s-mortgage-broker-197842123/TikTok - https://www.tiktok.com/@mortgagebrokerlondon?lang=enCommentary on this Channel should not be considered financial advice.Did you miss our previous article... https://realestatevideos.club/Mortgages/the-housing-market-just-flipped-inflation-is-over
