Canada’s Rate Shock: Weak CPI, Higher Mortgages

Canada’s fixed mortgage rates are moving higher even after April CPI came in weaker than expected. The driving force isn’t Canada’s economy anymore — it’s the bond market, U.S. inflation fears, and geopolitical risk pushing yields higher and keeping pressure on mortgage rates. #canadianmortgagerates #canadainflation #bankofcanada Links: Bloomberg Surveillance: https://www.youtube.com/@markets Consumer Price Index: https://www.statcan.gc.ca/en/subjects-start/prices_and_price_indexes/consumer_price_indexes Mark Mitchell – Mortgage Broker London Ontario 920 Commissioners road east London, Ontario N5Z 3J1 Phone: (519)860-2102 (Call or Text) MarkMitchell@LondonOntarioMortgages.ca Brokerage Lic: 10464 Broker Lic: M16001479 https://www.LondonOntarioMortgages.ca – Apply Online!! Youtube Channel: https://www.youtube.com/c/MarkMitchellMortgageBrokerLondonOntario Subscribe NOW for more Mortgage/Financial News/Videos. Follow me on Social Media: Instagram - https://www.instagram.com/mortgagebrokerlondonontario Facebook - https://www.facebook.com/londonontariomortgages Twitter - https://twitter.com/londonmortgage1/ LinkedIn - https://www.linkedin.com/in/mark-mitchell-london-s-mortgage-broker-197842123/ TikTok - https://www.tiktok.com/@mortgagebrokerlondon?lang=en Commentary on this Channel should not be considered financial advice