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The Bank of Canada increased mortgage rates by half a percent today, the biggest rate increase in 22 years. The BOC had thre key messages; 1. The economy is functioning at full capacity 2. Inflation is higher than expected 3. Interest rates must increase Find out more in this Bank of Canada Update. ⭐️Get "Secrets To Getting A Low Mortgage Interest Rate" at http://ratesecrets.ca ⭐️ 👍 Subscribe by clicking here / @nolanmatthias 💰👉💪 Join The Down Payment Challenge http://downpaymentchallenge.ca ⭐️Get your free copy of The Mortgaged Millionaire at https://mortgagedmillionaire.ca ⭐️Join the Homebuyers Bootcamp at this link http://bit.ly/fthbbootcamp ⭐️ To apply for a mortgage go to https://mortgage360.ca/easy-application To download our mobile mortgage app go to https://bit.ly/mobilemortgageappnm Want to join our A-Team? https://forms.gle/dwLP1jhY7fS6Youo7 Want us to hand select a realtor for you http://bit.ly/referraltorealtor The presenter has taken great care in preparing this video, however makes no representations or warranties with respect to the accuracy or completeness of its content. The contents of this video should not be considered a substitute for professional financial advice. Please consult a financial professional before implementing any of the strategies described in this video. The presenter shall not be held liable for any loss of profit or any other financial damages, including but not limited to special, consequential, incidental, or other damages.