Joshua's trusted mortgage professional & friend, Jordan Lee, shares her thoughts on the Bank of Canada's September 6, 2023 decision on holding rates.  The Bank of Canada's decision to hold interest rates today was primarily influenced by the recent GDP news for Q2 2023, which showed a surprising pace of 0.2%, significantly lower than the forecasted 1.5% for both Q2 and Q3 2023. Before the GDP figures were released, there was a 23% chance of a rate increase, but this... [read more]