Episode 33: Bank of Canada Just Cut Rates. What to Expect for the Rest of 2025?

Bank of Canada Just Cut Rates — What’s Next for 2025? On September 17th, the Bank of Canada lowered the prime rate from 4.95% to 4.70% — but this isn’t just another rate cut. In this episode of the Asian Connection Mortgage Podcast, John Lee breaks down: ✅ Why the Bank made this move and what it signals about Canada’s economy ✅ What bond markets are predicting for the October 29th and December 10th meetings ✅ How this shift impacts fixed vs. variable mortgage strategies ✅ What borrowers and homeowners should be thinking about right now Whether you’re house-hunting, refinancing, or just keeping an eye on market trends, this episode will give you clarity on what today’s rate cut means for your mortgage decisions. 👉 Subscribe for more insights and drop your mortgage questions in the comments! #MortgageCanada #BankOfCanada #InterestRates #FixedVsVariable #MortgageTips #AsianConnectionPodcast Book an Appointment with John Lee of Arise Mortgage 👉 https://cal.com/johnleearisemortgage John Lee, a Mortgage Broker based in Vancouver, BC, provides valuable insights on getting approved for a mortgage, home-buying tips, and other mortgage-related topics. If you're considering purchasing a home or refinancing your existing property, be sure to subscribe to his content-rich, helpful videos. John is a licensed Mortgage Broker and the President & CEO of Arise Mortgage. With experience in the financial and real estate industry dating back to 2006, John has worked at major banks and a real estate company specializing in property management and large real estate acquisitions. Over the years, he has helped hundreds of families secure mortgages, and one of the most fulfilling parts of his career is assisting first-time homebuyers in achieving their dream of homeownership. If you have questions or would like to connect with John, here’s his contact information: 📞 604-722-8404 ✉️ john@arisemortgage.ca