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Fernie’s Real Estate Market & Mortgage Rate Cuts: What Buyers & Investors Need to Know
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In this episode of The Property Mindset Podcast, we dive into how recent mortgage rate cuts could dramatically impact the Fernie real estate market. With the Bank of Canada poised to reduce rates further, Phil Gadd breaks down what this means for buyers, sellers, and investors alike. Are you wondering if now is the time to buy, sell, or hold off? We cover how falling rates could drive buyer competition, potentially pushing up prices, and how new mortgage insurance rules could bring more buyers into the mix. Learn how these changes, along with U.S. rate cuts and lower-than-expected inflation, could create both opportunities and challenges in Fernie’s dynamic real estate landscape.
Tune in to get expert insights and practical advice on navigating Fernie's real estate market in the face of these changes.
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