The Bank Of Canada Raised Interest Rates - Here's How It Affects Your Mortgage!

In this clip, we delve into the recent announcement from the Bank of Canada regarding interest rate hikes and what it means for homeowners with fixed and variable rate mortgages. We discuss the implications of these changes, including the impact on monthly mortgage payments and overall affordability. Tune in to gain valuable insights and stay informed on the latest developments in the Canadian housing market.Show more

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ABOUT MATT:

Matthew Ablakan's journey began at a very young age where trading Pokémon cards began to teach him a variety of skills such as how to Negotiate and the importance of Demand and Supply. As he entered High School, Matthew began to sell Jansport Backpacks, Hair Straighteners and Dog-Tags to his peers. He began to dabble into Mutual Funds on a small scale and began learning more about Investing. Upon entering University, Matthew worked part-time jobs as a cook, waiter and manager of a couple of restaurants in order to help pay for his tuition. Chuck E Cheese, Johnny Rockets and Lucky Strikes taught Matthew many valuable lessons in communication, hard-work, honesty and transparency. It was in those early years that Matthew began to learn more about Real Estate and Invested in his first Pre-Construction Condo at the age of 19 with zero help from his immigrant parents, using a flexible deposit payment plan and part of his student loan. Matthew is the Founder & Owner of the Millennial’s Choice Group of Companies; a Real Estate, Mortgages and Education brand. To better benefit his clients, Matthew has earned numerous degrees including, a Bachelors in Education, a Honourary Degree in Law & Society, a Real Estate Brokers License & a Mortgage Brokers License. Matthew’s track record exudes his professionalism, experience, & most important, his persistent care for each and every one of his clients.

With the growth and success of Millennial’s Choice, Matthew continues to pursue his ongoing commitment to education, now educating Canadians through the Financial Freedom Club, while also coming up with creative ways & ideas to shape the Real Estate & Mortgage industries. Matthew contributes part of his success to his parents who fled the reigns of Communism in the 80s to seek a better life.

DISCLAIMERS: Any information or advice available on this Podcast is intended for educational and general guidance only. Matthew Ablakan, The Millennial's Choice Group of Companies Inc. and any subsidiary company, shall not be held liable for any direct, incidental, consequential, indirect, or punitive damages arising out of access to or use of any of the content available on this Podcast. Consult a Realtor, Accountant, Lawyer, Local Government, Financial Advisor or other Wealth Management professional before you make investments of any kind.

Although Matthew Ablakan and his affiliates take all reasonable care to ensure that the contents of this Podcast and YouTube Channel are accurate and up-to-date, all information contained on it is provided ‘as is.’

Matthew Ablakan makes no warranties or representations of any kind concerning the accuracy or suitability of the information contained on this Podcast.

Any links to other websites are provided only as a convenience and Matthew Ablakan, The Millennial's Choice Group of Companies Inc. and any subsidiary, encourages you to read the privacy statements of any third-party websites.

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