Make Money Count

Welcome to our latest episode of Make Money Count! In this episode, we talk about the current state of Toronto's condo market amidst high interest rates. We break down how these rates are impacting buyers and investors, and why many are reconsidering their positions. We also discuss the surge in condo supply and what it means for prices. Additionally, we explore the strategies banks utilize to manage risks and the potential impact of immigration on the market.

Welcome to our newest episode of Make Money Count! In this episode, we discuss the latest CPI numbers and explore the real estate market, giving you tips on buying a home in today's ever-changing landscape. With scams on the rise, we also share important tips on how to stay safe during the mortgage process. From budgeting to home buying, this episode is packed with valuable information to help you navigate these turbulent financial times with confidence!

Welcome to Make Money Count! In this episode, we cover the latest updates in the mortgage market and economic trends impacting your financial decisions. We discuss Canada's 5-year bond yield drop to 3.3%, resulting in average fixed mortgage rates of 4.8%. We explore why opting for a variable-rate mortgage could be wise amidst current economic conditions. We also analyze the Bank of Canada's cautious stance on interest rate cuts due to inflation concerns, with decisions pending on economic performance in both Canada and the US.

We're excited to bring you this week's episode of Make Money Count, where we delve into the latest developments in the real estate market. This episode is packed with valuable insights for potential homeowners, sellers, and investors. Join us as we discuss the impact of recent rate cuts, supply-demand dynamics, and future interest rate movements predictions. We also analyze the ongoing supply-demand imbalance in the housing sector.

On June 5th, 2024, the Bank of Canada announced a rate cut of 25 basis points, a move that has significant implications for the Canadian economy and personal finances. This decision, aimed at stimulating economic growth, is expected to have a broad impact on various financial products, including mortgages and home equity loans. For homeowners and potential buyers, the most immediate effect will be on mortgage interest rates. The rate cut typically leads to lower mortgage rates, making it cheaper for Canadians to borrow money for home purchases. Existing homeowners with variable-rate mortgages will likely see a reduction in their monthly payments. This could also be an opportune time for those with fixed-rate mortgages nearing renewal to potentially secure lower interest rates.

On this week's episode of the Make Money Count podcast, hosts Marcus and Justin take a deep dive into some of the most urgent and impactful issues currently shaping the Canadian mortgage and real estate markets. From dramatic shifts in the condo market to the financial strategies of major banks, this episode is packed with crucial insights and expert analysis that you won’t want to miss. #MakeMoneyCount #CanadianRealEstate #CondoMarketCrash #BankEarnings #MortgageRates #GlobalMortgages #FinancialInsights #RealEstateInvesting #MortgageAdvice #CannectPodcast #FinancialPlanning #InterestRates #RealEstateTrends #CanadaHousing #MortgageMarket

Welcome to this week's episode of "Make Money Count" with Marcus and Justin! In this episode, we cover a range of crucial topics affecting the Canadian economy and real estate market: Jeff Bezos Family Office Investing in Mortgages: Bezos Expeditions is eyeing the mortgage market with investments ranging from $2.5 million to $5 million. Although they haven't entered the Canadian market yet, Cannect MIC stands out as the best option if they decide to do so. CPI Numbers and Bank of Canada Rate Predictions: The latest CPI numbers show inflation cooling to 2.7%. We discuss the 49% chance that Bank of Canada rates may not drop in June, but we could see a 25 basis point reduction in July. Real Estate Market Trends: Real estate prices are expected to drop due to low demand, high listings, and elevated interest rates. Tenant Issues in Ontario: We address the significant challenges faced by landlords and investors in Ontario with tenants not paying rent and refusing to evacuate properties, including a notable case where a tenant stayed for over a year without paying rent. Capital Gains Tax Increase: Justin Trudeau’s proposal to increase the capital gains tax could lead wealthy individuals to move their money out of Canada. First-Time Home Buyers Stimulus: First-time home buyers can now get 30-year amortization on insured mortgages when purchasing new construction. While this could stimulate the pre-construction market, it may not have a significant overall effect given the current cheap land prices. For more in-depth analysis and expert insights, watch the complete episode of "Make Money Count.

Join Marcus and Justin Turner in this eye-opening episode as they delve into the world of "B" deals and credit repair strategies. Discover how to navigate the current economic conditions of the Canadian real estate market, differentiate between "A" and "B" deals, and learn step-by-step processes to improve your credit score. Don't miss out on valuable insights to secure your financial future!

In this week's episode of Make Money Count, Marcus reviews pressing economic questions surrounding the Canadian housing crisis and the underlying factors contributing to the contraction of the economy.
This Episode Highlights:
Divergence of Canadian and US Economies and its Impact on Bank of Canada's Decisions
Marcus dissects the dynamics between the Canadian and US economies, explaining how this divergence could shape future decisions by the Bank of Canada. Understanding these shifts is paramount for anticipating changes in interest rates and their repercussions on financial markets.
Pain Caused by Elevated Interest Rates in the Canadian Economy
Explore the tangible impact of elevated interest rates on the Canadian economy. Marcus sheds light on the challenges faced by businesses, consumers, and economic growth, offering a comprehensive view of the current economic landscape.
Predictions with Data and Charts: Strong Probability of Rate Cuts in June
Marcus presents his predictions indicating a strong probability of rate cuts in June. These predictions are rooted in thorough analysis of economic indicators, providing valuable guidance for investors and individuals shaping their financial strategies.
Ready to navigate these economic shifts and optimize your financial strategies? Reach out to us today to explore tailored solutions aligned with your financial goals. Let's navigate these economic waters together and ensure your money counts!
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PODCAST:===============================Apple: https://podcasts.apple.com/us/podcast/make-money-count/id1579718660Spotify: https://open.spotify.com/show/60gGyKOiiN7fnKFknyFREJiHeart Radio: https://www.iheart.com/podcast/269-make-money-count-85477969/Podbean: https://makemoneycount.podbean.com/
SOCIAL=============================== ♪   - TikTok: https://www.tiktok.com/@cannect.ca👥 - FACEBOOK: https://www.facebook.com/cannecthomefinancing🐣 - TWITTER: https://twitter.com/CannectLoans📸 - IG: https://www.instagram.com/cannect.ca/💼LinkedIn: https://www.linkedin.com/company/cannect-home-financing
👇👇YOUR BEST HOME MORTGAGE NOW AND FOREVER 👇👇
https://cannect.ca/https://cannect.ca/https://cannect.ca/
👇👇INVEST WITH CANNECT NOW👇👇
https://cannect.ca/mortgage-investment-corporation
✅ Averaging 8.11% returns.✅ Nine years of established success
🎓 Learn more about how to Make Money Count: http://MakeMoneyCount.com

Welcome to Make Money Count! In this episode, Marcus and Justin discuss crucial economic insights, including navigating Canada's economic challenges, leveraging rate cut predictions for mortgage savings, debunking housing market crisis myths, and avoiding financial traps like interest rate differential penalties. Join us for expert analysis and actionable strategies to make informed financial decisions.
Episode Highlights
Canadian Economy Challenges and Real Estate Market Trends
Marcus and Justin provide an insightful analysis of the current challenges facing the Canadian economy, particularly in the context of the real estate market trends. They examine factors such as inflation rates, employment levels, and housing affordability, offering viewers a comprehensive understanding of the economic landscape.
Bank of Canada's Rate Cut Predictions and Mortgage Strategy
The duo discusses predictions regarding potential rate cuts by the Bank of Canada and its implications for mortgage strategies. By exploring the impact of interest rate changes on mortgage rates, they equip viewers with valuable insights to make informed decisions about their home loans in Canada.
Debunking Housing Market Crisis Misconceptions
Marcus and Justin debunk common misconceptions surrounding the housing market crisis, providing clarity on prevailing myths and realities. They address concerns about housing bubbles, affordability challenges, and market stability, helping viewers navigate through the noise and make sound decisions regarding their mortgages.
Beware of Interest Rate Differential Penalties
Lastly, Marcus and Justin emphasize the importance of understanding interest rate differential penalties associated with variable rate mortgages. By highlighting the potential financial implications of these penalties, they underscore the need for borrowers to carefully evaluate their mortgage options and consider factors such as home equity loans and variable interest rates.
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PODCAST:===============================Apple: https://podcasts.apple.com/us/podcast...Spotify: https://open.spotify.com/show/60gGyKO...iHeart Radio: https://www.iheart.com/podcast/269-ma...Podbean: https://makemoneycount.podbean.com/
SOCIAL=============================== ♪   - TikTok:   / cannect.ca  👥 - FACEBOOK:   / cannecthomefinancing  🐣 - TWITTER:   / cannectloans  📸 - IG:   / cannect.ca  💼LinkedIn:   / cannect-home-financing  
👇👇YOUR BEST HOME MORTGAGE NOW AND FOREVER 👇👇
https://cannect.ca/https://cannect.ca/https://cannect.ca/
👇👇INVEST WITH CANNECT NOW👇👇
https://cannect.ca/mortgage-investmen...
✅ Averaging 8.11% returns.✅ Nine years of established success
🎓 Learn more about how to Make Money Count: http://MakeMoneyCount.com
#bankofcanada #banks #canada #cannect #comercialrealestate #credit #foryou #interestrates #makemoneycount #mortgages

We're thrilled to unveil the newest episode of our "Make Money Count" podcast, where Marcus delves into fascinating topics that directly influence the way you handle your finances. From decoding the complexities of the Consumer Price Index (CPI) and its ripple effects on interest rates, to offering fresh insights from the Canadian federal budget and also the differences in interest rate management by US and CanadaThis Episode Highlights - Understanding CPI and Its Impact: We break down the Consumer Price Index (CPI) and its significant influence on interest rates. Discover how CPI changes can affect your financial landscape and investment strategies.- Insights from the Canadian Federal Budget: Gain valuable insights into the latest developments in the Canadian federal budget. Where we shed light on key areas that could shape economic trends andfinancial policies.- Differences in Interest Rate Management: Explore the contrasting approaches of the US and Canada towards managing interest rate fluctuations. We also provide insights into the strategies employed by these economies and their implications for borrowers and investors.- Get ready to gain invaluable knowledge that directly impacts your financial decisions and empowers you to make informed choices on your financial journey.
🔔 Subscribe for more! PODCAST:===============================
Apple: https://podcasts.apple.com/us/podcast/make-money-count/id1579718660Spotify: https://open.spotify.com/show/60gGyKOiiN7fnKFknyFREJiHeart Radio: https://www.iheart.com/podcast/269-make-money-count-85477969/Podbean: https://makemoneycount.podbean.com/
SOCIAL=============================== ♪   - TikTok: https://www.tiktok.com/@cannect.ca👥 - FACEBOOK: https://www.facebook.com/cannecthomefinancing🐣 - TWITTER: https://twitter.com/CannectLoans📸 - IG: https://www.instagram.com/cannect.ca/💼LinkedIn: https://www.linkedin.com/company/cannect-home-financing
👇👇YOUR BEST HOME MORTGAGE NOW AND FOREVER 👇👇
https://cannect.ca/https://cannect.ca/https://cannect.ca/
👇👇INVEST WITH CANNECT NOW👇👇
https://cannect.ca/mortgage-investment-corporation
✅ Averaging 8.11% returns.✅ Nine years of established success
🎓 Learn more about how to Make Money Count: http://MakeMoneyCount.com

We are in a period of transition and reflection as we mourn the loss of our beloved producer, Matthew Scanlan. His creativity and spirit were integral to our team, and his efforts sculpted the podcast into what it is today.We also delve into Canada's rising unemployment rate, its implications on the real estate market, and the Bank of Canada's looming rate decisions. With expert analysis, we dissect how recent unemployment figures could shape future interest rates, affect housing affordability, and impact consumer confidence in the housing market. Amidst these economic uncertainties, we also explore the resilience and evolving dynamics of Canada's workforce and real estate sector. Highlights include: - A tribute to Matthew Scanlan and his lasting impact as the Make Money Count podcast producer. - An in-depth analysis of Canada's latest unemployment rates and their broader economic implications. - Insights into how these trends are influencing the Bank of Canada's rate decisions and the potential effects on the housing market. - Discussion on the necessity of investing in productivity and infrastructure to ensure a robust economic future for Canada.As we embark on this journey of understanding and adaptation, we invite you to join us in remembering Matt and exploring the complexities of Canada's economic landscape. Your thoughts, comments, and engagement are more important than ever as we navigate these challenging times together.🔔 Subscribe for more! PODCAST:===============================
Apple: https://podcasts.apple.com/us/podcast/make-money-count/id1579718660Spotify: https://open.spotify.com/show/60gGyKOiiN7fnKFknyFREJiHeart Radio: https://www.iheart.com/podcast/269-make-money-count-85477969/Podbean: https://makemoneycount.podbean.com/
SOCIAL=============================== ♪   - TikTok: https://www.tiktok.com/@cannect.ca👥 - FACEBOOK: https://www.facebook.com/cannecthomefinancing🐣 - TWITTER: https://twitter.com/CannectLoans📸 - IG: https://www.instagram.com/cannect.ca/💼LinkedIn: https://www.linkedin.com/company/cannect-home-financing
👇👇YOUR BEST HOME MORTGAGE NOW AND FOREVER 👇👇
https://cannect.ca/https://cannect.ca/https://cannect.ca/
👇👇INVEST WITH CANNECT NOW👇👇
https://cannect.ca/mortgage-investment-corporation
✅ Averaging 8.11% returns.✅ Nine years of established success
🎓 Learn more about how to Make Money Count: http://MakeMoneyCount.com

mbark on a captivating exploration of real estate, housing regulations, immigration, and financial policies with Tim Hudak, CEO of the Ontario Real Estate Association, in this insightful conversation. Join us as we delve into the intricate world of property ownership, discussing the hurdles faced by homeowners, the vital role of skilled trades in infrastructure development, and the profound impact of financial decisions on the housing market.
Highlights:Insights from Tim Hudak: Gain invaluable perspectives from Tim Hudak, a seasoned industry expert, as he shares his insights into the evolving landscape of real estate, housing regulations, and financial policies. Explore Tim's vast knowledge and experience, offering a unique lens through which to understand the complexities of the housing market.
Housing Regulations Unveiled: Delve into the regulatory challenges encountered by property owners during construction and renovation projects. Learn about the importance of streamlining these processes to facilitate development and meet the growing demands of the housing market.
The Skilled Trades Dilemma: Explore the critical role of skilled trades in shaping essential infrastructure and addressing labor shortages. Join the conversation on how adjusting immigration policies could offer solutions to the ongoing challenges faced by the labor market.
Financial Policies Impact: Examine the far-reaching effects of financial policies on the housing market, including discussions on mortgage insurance, interest rates, and their implications for housing affordability. Discover how these policies influence the decisions of homeowners and prospective buyers alike.
Personal Anecdotes and Insights: Journey through personal anecdotes shared by Tim Hudak, offering glimpses into his unique experiences and encounters in the real estate industry. From reflections on family dynamics to encounters with public figures, Tim's stories add depth to our exploration of real estate and financial landscapes.
Upcoming Real Estate Conference: Get an exclusive preview of an upcoming real estate conference featuring esteemed speakers such as Magic Johnson and Daymond John, with insights provided by Tim Hudak. Explore the key topics to be addressed and the invaluable insights to be shared, promising an enriching experience for all attendees.
Join us for a thought-provoking discussion with Tim Hudak, CEO of the Ontario Real Estate Association, as we unravel the complexities of real estate, housing regulations, and financial policies. Gain valuable insights and perspectives that will empower you to navigate the ever-changing landscape of the housing market.
🔔 Subscribe for more!
PODCAST:===============================Apple: https://podcasts.apple.com/us/podcast/make-money-count/id1579718660Spotify: https://open.spotify.com/show/60gGyKOiiN7fnKFknyFREJiHeart Radio: https://www.iheart.com/podcast/269-make-money-count-85477969/Podbean: https://makemoneycount.podbean.com/
SOCIAL=============================== ♪   - TikTok: https://www.tiktok.com/@cannect.ca👥 - FACEBOOK: https://www.facebook.com/cannecthomefinancing🐣 - TWITTER: https://twitter.com/CannectLoans📸 - IG: https://www.instagram.com/cannect.ca/💼LinkedIn: https://www.linkedin.com/company/cannect-home-financing
👇👇YOUR BEST HOME MORTGAGE NOW AND FOREVER 👇👇
https://cannect.ca/https://cannect.ca/https://cannect.ca/
👇👇INVEST WITH CANNECT NOW👇👇
https://cannect.ca/mortgage-investment-corporation
✅ Averaging 8.11% returns.✅ Nine years of established success
🎓 Learn more about how to Make Money Count: http://MakeMoneyCount.com

Welcome to our latest discussion where we dive deep into the intricacies of Canada's economic landscape, with a spotlight on the recently released Consumer Price Index (CPI) report. In this meticulously crafted analysis, we dissect the wealth of information contained within the CPI data, offering a comprehensive examination of its implications for various sectors of the economy.
Join us as we navigate through the labyrinth of economic indicators, unravelling the underlying trends driving inflation in the Canadian market. From the soaring costs of shelter to the nuances of food prices, our expert panel provides invaluable insights into the factors shaping consumer spending patterns and market dynamics.
But our exploration doesn't stop there. We go beyond the numbers, exploring the ripple effects of CPI fluctuations on interest rates, investment strategies, and policy decisions. With a keen eye on macroeconomic trends and market sentiment, we offer strategic foresight for investors, businesses, and policymakers alike.
So, whether you're a seasoned investor, a budding economist, or simply someone keen on understanding the forces shaping Canada's economic future, join us for this enlightening discussion. Subscribe now for regular updates and in-depth analysis on all things economics and finance. Don't miss out on the opportunity to stay ahead of the curve in today's ever-evolving economic landscape.

In this episode of the Make Money Count podcast, join Marcus and Justin as they delve into the intricate world of economics and finance. With recent market fluctuations and uncertainty looming, understanding the economy's pulse has never been more crucial.
Decoding Market Dynamics: Get exclusive insights into the current economic landscape as our hosts dissect recent trends and projections.
Expert Analysis: Learn from seasoned financial experts as they provide valuable commentary on stock market volatility, interest rate forecasts, and the impact on various investment portfolios.
Insider's Perspective: Gain a deeper understanding of how economic indicators shape market sentiment and influence decision-making for investors and homeowners alike.
Tune in to Make Money Count for valuable insights, expert analysis, and actionable strategies to make your money work smarter. Don't miss out on this informative episode—hit the play button now and empower yourself with financial knowledge!

Welcome back to another episode of Make Money Count! 🎙️ Hosted by Marcus Tzaferis and produced by Cannect Home Financing, today's show is a game-changer for anyone exploring home financing options. Whether you're self-employed, facing income challenges, or have been rejected by traditional banks, we've got the insights you need.
🏡 In this episode, we delve into the world of Alternative Lenders, revealing strategies to secure the lowest mortgage rates regardless of your financial situation. Did you know that the next 20 minutes with us could save you and your family $20,000 in interest expenses this year alone?
💡 Learn how to navigate a market full of banks designed to say no to your mortgage. Marcus and Justin explore the benefits of Alternative Lenders, from credit flexibility to stated income programs and debt consolidation. Discover why these lenders might be the perfect fit for your unique circumstances.
🔑 Key Benefits Covered:
- Credit Flexibility: Overcome credit challenges and secure financing with lenient requirements.- Stated Income Programs: Declare income without the strict documentation of traditional banks.- Debt Consolidation: Roll high-interest debts into a single mortgage for lower rates and simplified repayments.- Alternative Lender Credit Lines: Access your home's equity for improvements, investments, or unexpected expenses.- Duration and Considerations: Understand the implications of shorter mortgage terms and potential interest rate differences.- Equity Requirements: Learn how equity influences the cost of alternative mortgages.
🚀 Cannect's automated home finance tool surveys the entire market of Alternative Lenders, ensuring you find the best mortgage product tailored to your needs. Check it out at C-A-N-N-E-C-T.CA!
👍 Don't forget to hit subscribe, give us a thumbs up, and visit Cannect.ca for more insightful content. Your support keeps us motivated to help you make informed and savvy financial choices.
🗣️ Have questions about B Mortgages or want to share your experiences? Drop a comment below and stay tuned for more episodes. Remember, stay informed, make savvy financial choices, and always make your money count! 💰 #MakeMoneyCount #AlternativeLenders #MortgageTips

🚨 Brace yourself for a jaw-dropping revelation on the latest episode of Make Money Count! 🚨 This episode delves into the explosive aftermath of Canada's recent CPI report, unravelling the shocking truths that could impact your finances, mortgage, and the overall housing market.
📊 Join the discussion as Marcus breaks down the numbers, dissecting the unexpected rise in CPI, and its repercussions on interest rates, mortgage rates, and the price of housing. Learn how factors like gas prices, groceries, and shelter costs play a pivotal role in shaping the economic landscape.
💡 Discover the hidden challenges posed by the surge in immigration, causing a staggering 3.2% annual increase in Canada's population. Marcus uncovers the implications on infrastructure, housing demand, and the economy. Is Canada being governed with a short-term vision, and how does it compare to successful long-term strategies?
🔍 Marcus draws parallels between Canada's current economic predicament and the management principles of successful companies like Amazon. Are we sacrificing long-term prosperity for short-term gains, and what does it mean for the future of our nation?
🌐 Share your thoughts in the comments section below! Marcus wants to hear from you – is he becoming too right-wing, or is he shedding light on the critical issues our country is facing? Don't miss out on this thought-provoking episode that challenges the status quo and calls for a comprehensive, long-term game plan to secure Canada's economic future.
👍 If you find this episode enlightening, hit the like button, subscribe for more eye-opening content, and join the conversation. Your insights could shape the next episode of Make Money Count!

Join Marcus Tzaferis on the latest episode of Make Money Count as he delves into the intricate landscape of 2024 real estate dynamics. In this insightful discussion, Marcus reflects on diverse perspectives, providing a nuanced understanding of the potential scenarios that may unfold in the coming year.
Beginning with his own forecast of interest rates declining in June 2024, Marcus sets the stage for a comprehensive exploration of predictions, including the bold projections from TD Bank, which anticipates a substantial 2.75% drop in the prime rate by 2025.
Throughout the episode, Marcus critically examines varying viewpoints, offering viewers a well-rounded perspective on the potential market shifts. A seasoned hedge fund manager's contrarian stance challenges conventional wisdom, suggesting that the anticipated bull run on bonds may not materialize as expected.
The discussion also navigates through scenarios ranging from an economic resurgence triggered by plummeting interest rates to the potential consequences of prolonged high rates leading to a crash in asset prices. Marcus provides practical advice, urging caution and strategic decision-making in this uncertain landscape.
Whether you are contemplating a new home purchase or managing your mortgage, this episode offers invaluable insights to help you make informed decisions. Subscribe now and stay tuned for more episodes of Make Money Count as Marcus Tzaferis continues to unravel the complexities of the financial world.

As we bid farewell to 2023, Marcus Tzaferis brings you the last episode of "Make Money Count" for the year, brought to you by Cannect Home Financing. In this insightful podcast, Marcus delves into the intricate details of the most recent Consumer Price Index (CPI) numbers and their implications for the economic landscape in 2024.
Decoding the CPI Numbers
The episode kicks off with an exploration of the headline CPI for November, standing at 3.1%, slightly higher than anticipated. Marcus highlights the initial concerns and the speculation about the Bank of Canada's potential response to this figure, given the current economic climate marked by high interest rates and wary consumers.
Stripping Down the CPI
Marcus takes a closer look at the CPI components, isolating borrowing costs and shelter costs to reveal a more realistic picture of the economy. This nuanced analysis sets the stage for a discussion on the trajectory and expectations for interest rates in 2024.
Bond Market and CDOR Analysis
Drawing insights from the bond market and the CDOR market, Marcus provides a comprehensive overview of how these markets have digested the CPI information. He shares observations from the Royal Bank of Canada, reassuring that the 3.1% CPI number isn't a cause for major concern, attributing it to shelter costs and rental costs.
Interest Rates: Past, Present, and Future
The podcast unfolds a narrative around interest rates, highlighting their impact on consumer confidence and spending. Marcus dissects the five-year Government of Canada bond yield, emphasizing its role as a pricing mechanism for fixed-rate products. He forecasts potential rate drops in 2024 and analyzes the implications of a Bank of Canada rate adjustment.
Economic Indicators and Recession Concerns
As the discussion deepens, Marcus draws attention to indicators signaling a potential recession. Quoting economist David Rosenberg, he suggests that Canada might already be in a recession when stimulus factors are stripped away, emphasizing the critical role of immigration in the economy.
Real Estate and Housing Market Predictions
The podcast takes an interesting turn as Marcus delves into the real estate market. He sheds light on the correlation between interest rates and housing prices, predicting potential shifts in the market based on interest rate adjustments. The discussion encompasses the government's initiatives, including the recent $500 million allocation for housing in Toronto.
Optimism and Wishes for 2024
Closing the episode on an optimistic note, Marcus shares his expectations for 2024, foreseeing lower interest rates. He encourages listeners to consider variable rate mortgages to leverage potential rate drops and advises caution with fixed-rate products.
As the episode concludes, Marcus extends warm holiday wishes from all at Cannect, expressing hopes for a prosperous 2024. The podcast offers a comprehensive and insightful exploration of the economic tapestry, leaving listeners equipped with knowledge to navigate the uncertainties and opportunities of the coming year.

Hey Money Makers! 💰 Marcus Tzaferis is back on Make Money Count, dropping some truth bombs about the recent Bank of Canada announcement. Brace yourselves, because it's a game-changer! 📈🤯
In this episode, Marcus dissects the surprising decision to maintain the overnight rate, leaving the prime rate at a staggering 7.2%. 🏦 What does this mean for those with variable rate mortgages? Hold onto your hats!
But wait, there's a twist! Bond yields are taking a nosedive, hinting at significant drops in interest rates for 2024. 📉 What's causing this shift? Marcus unravels the impact of Canadian consumer spending and confidence on our economic future.
Get ready for some bold predictions as Marcus dives into the CDOR market, forecasting a potential 50 basis point drop by March and a whopping 75% chance of a 75 basis point decrease by mid-2024! 📆💹
Is the Bank of Canada playing hardball or just missing the mark? Marcus reflects on the challenges of threading the economic needle, urging for a timely shift to accommodative policies. ⏰✨
Discover the potential consequences of delayed rate adjustments on the real estate market and consumer confidence. Marcus passionately calls for action, making a direct appeal to "Hey, Tiff, cut the overnight rate 50 basis points today!" 📣✂️
Don't miss out on Marcus's insights into the complex dance between interest rates, consumer behavior, and the overall economic landscape. 🌐💡
Ready to make money count in 2024? Tune in now and join the conversation! 🎧💼 Don't forget to hit like and subscribe to stay ahead of the financial game. Your wallet will thank you!