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Tariffs, Bond Yields and Your Canadian Mortgage — Market Update
A 50% tariff is going in. Canada is matching it dollar for dollar as of September 8. And the bond market moved the same morning the news landed. In this episode Stephen Green connects the trade-war headlines to the number that actually shows up on your mortgage statement. IN THIS EPISODE: • The 50% tariff, where the negotiation broke down, and Canada's dollar-for-dollar response • Why the provinces are willing to play ball — but only within reason • Bond yields dropped, and why fixed mortgage pricing follows the bond market • Monoline lenders repriced last week, the big banks held, one moved the other way • Pre-approvals, holds, and float-down monitoring — broker side versus bank side • Tariffs as an inflationary force and what that means on the variable side • Inflation at 3% — and the fuel story sitting underneath the headline • The Bank of Canada's September 2 meeting and why a knee-jerk move is unlikely • Waterloo Region and London / St. Thomas: prices are declining year over year • The seller who turned down $900,000 chasing $950,000 in a falling market • Why a disconnected realtor, broker and lawyer is how good deals die • Renewals: there are no bad mortgage products, only bad recommendations KEY TAKEAWAYS: 1. Fixed mortgage pricing tracks the bond market. Watching bonds is watching your mortgage. 2. Get pre-approved and get a hold in place — then make sure somebody is actually monitoring it for you. 3. Headline inflation and the story underneath it are two different things. 4. Know the market you are selling into. Yesterday's offer is not coming back on its own. 5. Your realtor, broker and lawyer need to be on the same email chain. That is what closes files. If this episode was useful, follow the show and leave a five-star review — it helps other Canadian homeowners find it. Watch the full episode on YouTube: https://www.youtube.com/channel/UCZwLHIk2V8EIkDeRVx4EjwA Apple Podcasts: https://podcasts.apple.com/us/podcast/the-green-effect-podcast/id1434969273 Spotify: https://open.spotify.com/show/6iKdA4EY2crIuYymE9SZd9 Website: https://thefinancialcollective.ca Instagram: https://www.instagram.com/sgmortgageadvice/ LinkedIn: https://www.linkedin.com/in/sgmortgageadvice/ Facebook: https://www.facebook.com/SGMortgageAdvice Questions? Call 519-500-1789 or email stephen@thefinancialcollective.ca Stephen Green, Mortgage Broker — The Financial Collective | Better Mortgage Choice, FSRA Lic. #13496 General information and commentary only. Not financial advice. No guarantees of any kind.
The Green Effect Podcast
http://thegreeneffect.libsyn.com/website
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