How the US Election effects you in Canada

The Impact of the US Election on Canadian Mortgage Rates

The recent US Election, with its sweeping results impacting the Senate, House, and White House, has many Canadians reflecting on how this shift could affect our financial landscape. One significant repercussion is the potential movement in bond yields and, subsequently, mortgage rates. The Current Outlook Despite the Bank of Canada (BoC) cutting interest rates, there

Let's talk economy and how it effects Canada

The Intricate Dance: Consumer Spending and the Housing Market

Consumer spending and the housing market are deeply intertwined, each influencing the other in complex ways. Let’s explore this relationship and what it means for homeowners and the broader economy. Current Consumer Spending Trends Recent data shows: • Retail sales growth is at 0.2% • This is significantly below the historical average of 4.69% since

Thrive Amid Rising Interest Rates with Cultivate + Evolve Financial

Hello, I’m Catherine Ellis. Today, I’m here to share some motivating and eye-catching tips to help you prepare for rising interest rates. At Cultivate + Evolve Financial, we’re all about empowering you to make confident decisions for your financial future. Let’s dive into key strategies like practicing your payment, making lump-sum payments, understanding mortgage terms,