Fixed rates just caught up to variable.

On today's rate sheets they're only 15-35 basis points apart.

Alex breaks down why fixed and variable mortgage rates actually move for completely different reasons, what real StatCan data says about how Canadians have been choosing between them for the past two years, and the exact 4-step math to figure out which one is right for your file.

Free Fixed or Variable PREPARE quiz: studio.getflowmortgage.ca/quiz

Follow me: www.instagram.com/themortgagepug

Last week Carney and Eby committed up to $3.2 billion to buy 2,200+ empty Vancouver condos and stop prices from falling. I'm a BC mortgage broker, and I walk through what the money actually does, who it helps and who gets nothing, how we've done this before, the immigration and rate cuts that really caused the glut, where prices could go through 2028, and whether you should be buying right now.

🛠️ FREE TOOLS & RESOURCES:
Rate My Rate - Instant Mortgage Checkup (free, no login required)
https://rate.getflowmortgage.ca
PREPARE Framework - Decide on Your Mortgage Fixed or Variable in 7 Questions
https://mbp.getflowmortgage.ca/prepar...
WealthFlow Newsletter - Weekly market data & Economic Updates
https://zfrmz.com/4hiodTOpjIgqNIy7fvmM
💰WORK WITH US:
Book a free strategy call
https://getflowmortgage.ca/contact
Flow Mortgage Co
https://getflowmortgage.ca 🌊🌊🌊
🎙️ Make sure to check out our brand new podcast, "The Flow: Real Estate & Money Show" wherever you listen to podcasts. https://podcasters.spotify.com/pod/sh...
🌐If this content lights a bulb for you, give us a like, share, and make sure you're subscribed to Flow Mortgage Co. 🌊🌊🌊
For daily content make sure to follow us on social media!
🌊 Flow Instagram: / flowmortgageco
🐶 Alex's Instagram: / themortgagepug

0:00 The crash that just got cancelled

2:10 What's happening in Vancouver right now

4:00 Why it actually happened

6:00 What the $3.2B does

7:15 What "affordable" even means

9:15 We've done this before

11:15 Rates and the bigger picture

13:00 What it means for the future

15:00 Should you buy?

Some Canadian homeowners are about to hit a mortgage renewal problem they did not see coming.

They made their payments. They did nothing wrong. But their home value dropped.

And now, when their mortgage comes up for renewal, they may not have enough equity to refinance, switch lenders, or restructure their debt.

In this episode, I break down the difference between a renewal, a refinance, and a switch, because they are not the same thing. I also explain why some homeowners may be stuck taking whatever their current lender offers, even if the rate is not competitive.

We cover:

Why falling home values can remove mortgage options
The difference between renewing, refinancing, and switching lenders
Why insured mortgages may still have more flexibility
How banks handle renewal offers
Why starting early matters
What this could mean for the housing market
What homeowners should do before signing a renewal

The big lesson: your renewal is not just about finding the lowest rate.

It is about understanding your options before they disappear.

If your mortgage is coming up for renewal, or you are worried about equity, debt, or cash flow, this episode will help you understand what to look at before making a decision.

Follow me @themortgagepug

The Bank of Canada held at 2.25% on June 10, 2026, for the fifth straight time. Alex breaks down what it means for your mortgage: why fixed rates are going the wrong way and the rate-hike risk Macklem hinted at, and how to think about renewing or buying right now.Renewing in the next 18 months? Free renewal calculator:

https://www.getflowmortgage.ca/smart/calculator

FOLLOW ME on Instagram

FREE RESOURCES MENTIONED:

• Oil, Bonds & Your Mortgage (how yields actually move your rate):

https://getflowmortgage.ca/free/rate-protection

• The PREPARE Framework — 7 questions before you pick fixed or variable:

https://getflowmortgage.ca/free/fixed-vs-variable

👉 Want us to look at your renewal or refinance and find the savings? CLICK HERE

4,000+ families helped - we'd love you to be the next one

The Bank of Canada decides on June 10, and last week’s jobs report may have just taken the rate cut you were budgeting for off

the table. Canada added 88,000 jobs in May against a forecast of 10,000, and bond yields jumped on the news. In this one I

break down what that actually does to fixed vs variable, why a strong economy makes your fixed rate more expensive, and how to plan your renewal around it.

📊 Calculate your renewal payment difference:

https://www.getflowmortgage.ca/smart/calculator

FOLLOW ME on Instagram

FREE RESOURCES MENTIONED:

• Oil, Bonds & Your Mortgage (how yields actually move your rate):

https://getflowmortgage.ca/free/rate-protection

• The PREPARE Framework — 7 questions before you pick fixed or variable:

https://getflowmortgage.ca/free/fixed-vs-variable

👉 Want us to look at your renewal or refinance and find the savings? CLICK HERE

4,000+ families helped - we'd love you to be the next one

Is Canada really in a recession? 🤔 The truth might surprise you!

Here's the deal:

A "technical recession" means two consecutive quarters of economic decline. But here’s the twist—house prices aren’t crashing, interest rates aren’t dropping, and banks are raking in record profits!

But why?

1️⃣ House prices are only down about 4% from last year, and that decline is slowing.

2️⃣ Interest rates remain high due to inflation, despite what many expect.

3️⃣ Banks are thriving, making billions while we wait for a market crash that may never come.

So, if you're holding off on real estate decisions because of the recession label, reconsider.

Understand how these factors interact with your mortgage strategy. Are you ready to make a move?

Let’s talk about how to navigate these waters wisely!

🛠️ FREE TOOLS & RESOURCES:Rate My Rate - Instant Mortgage Checkup (free, no login required)https://rate.getflowmortgage.caPREPARE Framework - Decide on Your Mortgage Fixed or Variable in 7 Questionshttps://mbp.getflowmortgage.ca/prepareframeworkWealthFlow Newsletter - Weekly market data & Economic Updateshttps://zfrmz.com/4hiodTOpjIgqNIy7fvmM💰WORK WITH US:Book a free strategy callhttps://getflowmortgage.ca/contactFlow Mortgage Co https://getflowmortgage.ca 🌊🌊🌊🎙️ Make sure to check out our brand new podcast, "The Flow: Real Estate & Money Show" wherever you listen to podcasts. https://podcasters.spotify.com/pod/show/the-flow-show-real-estate🌐If this content lights a bulb for you, give us a like, share, and make sure you're subscribed to Flow Mortgage Co. 🌊🌊🌊For daily content make sure to follow us on social media!🌊 Flow Instagram: https://www.instagram.com/flowmortgageco/🐶 Alex's Instagram: https://www.instagram.com/themortgagepug/

#CanadaEconomy #RealEstate #MortgageTips #RecessionReality #FinancialInsight

🛠️ FREE TOOLS & RESOURCES:Rate My Rate - Instant Mortgage Checkup (free, no login required)https://rate.getflowmortgage.caPREPARE Framework - Decide on Your Mortgage Fixed or Variable in 7 Questionshttps://mbp.getflowmortgage.ca/prepareframeworkWealthFlow Newsletter - Weekly market data & Economic Updateshttps://zfrmz.com/4hiodTOpjIgqNIy7fvmM💰WORK WITH US:Book a free strategy callhttps://getflowmortgage.ca/contactFlow Mortgage Co https://getflowmortgage.ca 🌊🌊🌊🎙️ Make sure to check out our brand new podcast, "The Flow: Real Estate & Money Show" wherever you listen to podcasts. https://podcasters.spotify.com/pod/show/the-flow-show-real-estate🌐If this content lights a bulb for you, give us a like, share, and make sure you're subscribed to Flow Mortgage Co. 🌊🌊🌊For daily content make sure to follow us on social media!🌊 Flow Instagram: https://www.instagram.com/flowmortgageco/🐶 Alex's Instagram: https://www.instagram.com/themortgagepug/