How Do Global Events Effect Your Mortgage? - MMC034

<p>This week's episode examines the current geopolitical situations Canadians have been exposed to and how they may have an impact on mortgage rates. These events may have a huge impact, a marginal impact, or even no impact at all. Regardless of which you think it will be, these are the times Canadians should be re-evaluating their mortgage. You want to make sure the mortgage you currently have accurately reflects where you think interest rates will be going. Have a listen to the episode to get a better breakdown.</p> <p>If you re-evaluate your mortgage and decide a change is necessary, give Cannect a call. We can get you locked into a fixed rate now if you are concerned several rate hikes are on the horizon. Or if you don't think rates are going anywhere for a while and you currently have a variable rate, we might be able to get you a larger discount on prime than you currently have. Maybe you don't want to think about your mortgage at all, in which case give us a call and we can evaluate it for you. 0:00 - Intro 3:56 - How will the trucker protests impact mortgage rates? 6:24 - How will the Russia-Ukraine situation impact rates? 9:24 - When there are shifts in the geopolitical landscape like these, it’s a great time to re-evaluate your mortgage. 14:07 - Clip of Marcus from 11 years ago discussing how the unrest in Libya was impacting oil prices. 17:13 - The success of Cannect’s investment fund comes from the borrowers. 22:05 - Feedback from a client on how thankful she was for her experience with Cannect. 25:23 - Regardless whether you think borrowing will be easier or more difficult in the future, there are good options for you right now.</p>