Mortgage expert alert: Will the Iran War and rising inflation offer a buying opportunity in 2026? + MORE Apr 9th

Canadian housing mortgage rates are all over the map. Don’t get trapped in an unnecessarily costly mortgage agreement.
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Escalating tensions in the Middle East have erupted into war between the US and Iran. Spiking oil prices from Strait of Hormuz blockages are already having an immediate, aggressive impact on your wallet, your household expenses, and crucially, your mortgage.

Historically, moments of extreme global panic can create generational buying opportunities in the Canadian real estate market.

Iran war’s instant tax on household expenses

When a major conflict breaks out in the Middle East disrupting 20% of the world’s oil consumption and LNG trade through the Strait of Hormuz, global energy markets panic.

Over the last month, global crude oil prices have surged significantly. As a result, gasoline has risen to a national average of $1.80 per liter according to CAA figures on April 6, just under year highs. This isn’t an isolated cost at the pump but an immediate, cascading tax on your entire household. Continue Reading …

I hope you will enjoy this article and if you have any questions or would like to discuss I am always available…

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Mortgage rates are rising: why breaking your mortgage could cost moreAs bond yields push fixed rates higher, lenders are using posted rates as a separate lever to influence how mortgage penalties are calculated.

Continue Reading On canadianmortgagetrends.com »

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