@ronmortgageguy: 🚨BoC RAISES!!

Ron Butler
Ron Butler
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Region: CA
Wednesday 28 October 2026 13:57:42 GMT
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cafeterranova2018
Rick🇨🇦 :
Just locked in last week 4.04 for 3 years.
2026-10-28 14:59:35
6
meekathecheetah
meekathecheetah 🇨🇦 :
So glad I locked in for 5 spring 2025 at 3.84%
2026-10-28 14:56:25
50
chevytruckin1976
supremebeing1000 :
And the banks get richer!
2026-10-28 14:27:56
105
alberta.bruce68
Alberta Bruce :
It is CRAP ! Just puts more pressure on us. The Banks at the end of the day makes more money
2026-10-28 16:32:33
18
jobjord
Jordana Matsos :
Heard the increase - came straight to hear your take on it!
2026-10-28 14:19:18
17
jeremyfranklin20
Jeremy Franklin :
Yep, that's the game. You borrow money to buy a house, pay interest for 25 years and call it freedom. The lumber's taxed, the workers are taxed, you're taxed earning the money, then you borrow more to buy the finished product and pay the bank interest on that. Meanwhile, the bank doesn't keep a giant vault of your cash. And if the numbers don't work, insolvency exists for a reason. Funny how we call it the dream, but it's really just a subscription.
2026-10-29 17:07:58
1
britishcolumbia_diaries
GGS :
Yeah right. I still don’t understand how raising rates for us controls the oil prices that are because of war. Its modern AI era but we still rely on stupidity of interest rates to control inflation.
2026-10-29 05:36:20
0
horne29
Horne29 :
Should I worry about this or get water?
2026-10-28 15:00:00
12
billpittsburgh7
steelersman :
so stay variable
2026-10-28 15:41:49
4
radair306
Riley Adair :
How long in advance can you renew your mortgage I’m do for renewal next June?
2026-10-29 20:24:01
0
user3628737383828
user3628737383828 :
I'm currently in the process of refinancing and my broker is advising to lock in to a three year fixed rate at 5.05. What are your thoughts?
2026-10-30 13:31:15
0
sagnew96
Sagnew96 :
Everyone crying and the interest rates are still historically low 💀🥀
2026-10-28 22:31:27
1
canadastonks
CanadaStonks :
They should of just raised 50bps
2026-10-28 21:49:38
0
keepitfree1
keepitfree :
Solve people’s poor ability to live within their means and we wouldn’t need the BOC to penalize everyone. Stop using your credit products to buy McDonalds
2026-10-29 00:06:21
1
ineedtofoldmylaundry
Ineedtofoldmylaundry :
It’s always before Christmas shopping
2026-10-29 01:45:25
0
mikehene
mike :
hi Ron, I dont understand how it is good for economy when there are job losses. I am a technician and have not secured a job from last 2 years. This is basically bankrupting poor and middle class. I would like your thoughts on this.
2026-10-28 18:46:58
0
manjsinghduk
ManjsD :
Economy is completely screwed now
2026-10-29 03:44:22
0
ernybear003
ernybear :
Sighs in remortgage hell
2026-10-29 02:24:03
0
jwattbc
jwattbc :
If trump gets a peace deal it won’t go up at all. Regardless of history.
2026-10-29 01:37:37
0
b9u4ea
𝔹𝕖𝕟𝕚𝕘𝕟 𝔼𝕦𝕡𝕙𝕠𝕣𝕚𝕒 :
BOC followed the fed from last month no! 😮
2026-10-29 01:18:06
0
gearupsurvival
Sean :
The economy is already wrecked!!
2026-10-28 23:52:20
0
tom.evans288
Tom Evans :
Stay variable. Don't be fooled.
2026-10-29 05:56:38
1
lozo20205
user6885770500209 :
Wrong. They actually did this during what? The Great Financial Crisis. They raised once by .25 and then began cutting after the Great Financial crisis hit
2026-10-28 22:31:29
0
jboer290
Jan620 :
I wanted to buy a house within 6 months 😥
2026-10-29 12:07:09
0
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