Could Trump’s Ceasefire Lower Canadian Mortgage Rates?
Last week Trump looked at 4.2% American inflation and said he loves it. Days later the war he blamed for it started to end and oil dropped. Both halves of that reach your Canadian mortgage. Alex walks the whole chain: why a president's celebrating inflation is reckless when the U.S. spends about a trillion dollars a year just on debt interest, how the breaking US-Iran deal pulled the war premium out of oil, why cheaper oil could ease bond yields and your fixed rate,the catch for Canada as an oil producer, and where the Bank of Canada fits. This is breaking news, so the deal is treated as announced and fragile, with the signing set for June 19.🛠️ FREE TOOLS & RESOURCES:PREPARE Framework - Decide on Your Mortgage Fixed or Variable in 7 Questionshttps://mbp.getflowmortgage.ca/prepar...WealthFlow Newsletter - Weekly market data & Economic Updateshttps://zfrmz.com/4hiodTOpjIgqNIy7fvmM💰WORK WITH US:Book a free strategy callhttps://getflowmortgage.ca/contactFlow Mortgage Co https://getflowmortgage.ca 🌊🌊🌊🎙️ Make sure to check out our brand new podcast, "The Flow: Real Estate & Money Show" wherever you listen to podcasts. https://podcasters.spotify.com/pod/sh...🌐If this content lights a bulb for you, give us a like, share, and make sure you're subscribed to Flow Mortgage Co. 🌊🌊🌊For daily content make sure to follow us on social media!🌊 Flow Instagram: / flowmortgageco 🐶 Alex's Instagram: / themortgagepug 0:00 The four words a president should never say0:35 Why they're reckless, the trillion-dollar debt2:15 The pattern, bigger than one quote3:30 His defence, and the twist that just landed5:00 The breaking US-Iran deal6:45 Why cheaper oil reaches your mortgage8:15 The Canadian catch, we're an oil producer9:45 Timing, and the housing market11:00 Both ropes pulling on your rate12:45 What to do and what's next
