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Rising Interest Rates, New Mortgage Rules, and Variable vs Fixed Mortgages in Canada for 2023

Build Wealth Canada Podcast

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Is There a Mad Dash to Buy a Property Before the New Mortgage Rules Come In?

New mortgage rules could chop off how much you're able to afford in terms of their properties. So I'm predicting once the word gets out, there's going to be kind of a mad dash for people to buy properties before these new rules come in. And we haven't seen it yet, but it makes sense to get in ahead of that there because we could see tighter market conditions return bidding wars again.

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