Is Now The Time to Lock Into a Fixed RateMortgage?

<p>This week's episode explored the impact of monetary policy on current interest rates, and inflation levels. According to the Atlanta Federal Reserve, quantitative easing over the last few years had a negative 2% impact on interest rates. What does this mean for you? Now that it may be slowing down, does this mean it's officially time to lock in to a fixed rate mortgage? Have a listen to the episode to find out!</p> <p> </p> <p>Click here to connect the the <a href='https://cannect.ca/'>best mortgage brokers in Canada</a>, Cannect Home Financing. Click here to invest in the <a href='https://cannect.ca/mortgage-investment-corporation/'>Cannect Mortgage Investment Corporation</a>.</p> <p> 0:00 - Intro 0:52 - Even just speaking is a form of monetary policy for the Bank of Canada. 3:50 - The impact of quantitative easing on interest rates and what removing it will do. 5:14 - Are these inflation levels temporary? 7:36 - Justin explains why there may not be much time left to call Cannect 13:12 - Chantel calls in to ask about getting a business loan. 18:40 - Justin dancing to Thriller and discussing his Chris Farley impression. 21:10 - Is now the time to lock into a fixed rate? 27:04 - Elaine calls in to ask about consolidating her debt into a personal line of credit. 30:58 - Marcus discusses why banks should take a more long-term view on their borrowers. 32:35 - Cannect can help you build a plan to decide your most cost-effective plan to borrowing money. 35:00 - Banks don’t discriminate in their lending practices by area.</p> <p> </p>