Rumblestiltskin to CanadaEnglish · 1 year agoThe Bank of Canada's 'conditional pause' on interest rates may be over — so brace for another hike soonwww.cbc.caexternal-linkmessage-square7fedilinkarrow-up112arrow-down11
arrow-up111arrow-down1external-linkThe Bank of Canada's 'conditional pause' on interest rates may be over — so brace for another hike soonwww.cbc.caRumblestiltskin to CanadaEnglish · 1 year agomessage-square7fedilink
minus-squareWoofcatlinkfedilinkEnglisharrow-up2·1 year agoI’m really hoping that things calm down by the time I have to renew. I understand we need to get housing under control, however people are already entering very dangerous economic situations with 30+ year mortgages.
minus-squareRumblestiltskinOPlinkfedilinkEnglisharrow-up1·1 year agoI am in the same position but I am preparing as if the rate will not come down a lot like some of the forecasts say.
minus-squareWoofcatlinkfedilinkEnglisharrow-up3·1 year agoFortunately my kids will be in school by renewal time so I can divert nanny money into mortgage money. 😂
minus-squareRumblestiltskinOPlinkfedilinkEnglisharrow-up1·1 year agoAll that saved money will go into sports and activities.
I’m really hoping that things calm down by the time I have to renew. I understand we need to get housing under control, however people are already entering very dangerous economic situations with 30+ year mortgages.
I am in the same position but I am preparing as if the rate will not come down a lot like some of the forecasts say.
Fortunately my kids will be in school by renewal time so I can divert nanny money into mortgage money. 😂
All that saved money will go into sports and activities.