video1.0<iframe src="https://www.loom.com/embed/fcaf248e9cda49329bcdb8e0fdb43ddd" frameborder="0" width="1920" height="1440" webkitallowfullscreen mozallowfullscreen allowfullscreen></iframe>14401920Loomhttps://www.loom.com14401920https://cdn.loom.com/sessions/thumbnails/fcaf248e9cda49329bcdb8e0fdb43ddd-2f83e17a8034e721.gif287.976In this video, I discuss the recent 25 basis point cut by the Bank of Canada and what it means for those with variable rate mortgages or home equity lines of credit. I explain how this reduction can lower monthly payments and the implications for those considering fixed versus variable rates. I also touch on the importance of understanding your financial situation before making a decision. Please let me know your thoughts on whether to go fixed or variable!