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Outlook For 2nd Half Of The Year | Live Q&A w/ Wealthion's Endorsed Financial Advisors

Wealthion - Be Financially Resilient

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The Effect of Mortgage Rates on Inventory

In Canada, you guys have fixed mortgages, but they go variable after five years. So in theory, you have about 20% of the country that's re-rating their mortgage every year. People experiencing the lag effect there because they're going to re-rate from a relatively cheap mortgage to one that's maybe more than twice as much. And I think housing prices will be sloppy and they certainly won't go up much. But the supply demand characteristics are so out of whack in this country it's unbelievable.

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