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Bank of Canada Rate Announcement July 2024!

The Bank of Canada has cut their overnight rate by a quarter point! In today's video, we'll break down what this rate cut means for you. From lower mortgage payments and interest relief to the broader economic implications, we've got it all covered. We'll discuss: The impact on variable and adjustable-rate mortgages. What this move says about the state of the economy. Why the Bank of Canada feels confident making this change now. Stay tuned as we dive into the details and help you understand how these changes could affect your financial future. Don't forget to like, subscribe, and hit the notification bell for more updates! 📉💰🎥 QUESTIONS? 📧 [email protected] 📱403-617-9123 📧 [email protected] 📱403-461-5719 SUBSCRIBE FOR NEW BI-WEEKLY VIDEOS:    / @mortgageconn.  . ⬅️ Still feeling overwhelmed? Talk to a Mortgage Broker today! ⏩ https://mortgageconnection.ca/contact... 👇 💻 Website: https://www.mortgageconnection.ca 📸 Instagram:   / mortgagecon.  . 👍 Facebook:   / mortgageconn.  . 🤝 LinkedIn:   / mort.  . 🤗 SUBSCRIBE FOR NEW VIDEOS BI-WEEKLY:    / @mortgageconn.  . ⬅️ WHO WE ARE: We’re a team built on the power of collaboration, not a group of individuals pulling in different directions. At Mortgage Connection, each member believes in the strength of community. Together, we leverage an innovative spirit to find real, attainable mortgage solutions for you. GET IN TOUCH: We'd love to hear from you! DM us on Instagram - that’s the quickest way to get a response or if you have something to discuss in detail, feel free to email us at [email protected] We can’t wait to connect with you! #mortgageconnection #mortgagebrokers #homebuyerresources 🎥: https://www.rumpunchmedia.ca/ #BankOfCanada #InterestRates #MortgageRelief #EconomicUpdate #FinancialNews #realestateadvice #mortgage #recession #finance #podcast #mortgageindustry #mortgagebroker #financialshorts #fixedrates #bankofcanada #mortgagerates #canadanews #canadalife #mortgagerates #ratecuts #canadiangovernment #canadarealestate