Comments on: Canadian Mortgage Rates To Go Higher For Longer As Banks See Smaller Cuts https://betterdwelling.com/canadian-mortgage-rates-to-go-higher-for-longer-as-banks-see-smaller-cuts/ Canada’s Fastest Growing Real Estate News Source Tue, 03 Oct 2023 11:53:12 +0000 hourly 1 By: Rene Nielson https://betterdwelling.com/canadian-mortgage-rates-to-go-higher-for-longer-as-banks-see-smaller-cuts/#comment-92262 Tue, 03 Oct 2023 11:53:12 +0000 https://betterdwelling.com/?p=24060#comment-92262 They are fooling only themselves when they preach rate cuts. The next wave of inflation is incoming, and all the rate cut noise will abate as revision after revision wipes away hope.

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By: Frank https://betterdwelling.com/canadian-mortgage-rates-to-go-higher-for-longer-as-banks-see-smaller-cuts/#comment-92234 Thu, 28 Sep 2023 20:58:05 +0000 https://betterdwelling.com/?p=24060#comment-92234 Stats seem on the mark, no one has a crystal ball can invert and quickly reverse. This is a wealth transfer in a system that is rigged. Like Cramer, he says buy, then sell. Too many smoke and mirrors , and daily opines that result in a treadmill. When a full on recession is realized, they will cut and eventually land in the 3-3.5% range. This is by design to deflate the equity in the housing market as we well know.

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