Feds Hold Rate, Inflation Down - But New Mortgages Dropping....

This week we explore the inflation and interest rate factors affecting the United States and how they are impacting us here Vancouver. We take a close look at inflation, interest rates, new mortgage originations, rental rates, and the affordability index - all of which have changed significantly in the last few months. The Federal Reserve (Fed) in the United States decided to hold interest rates for the first time in 15 months, ending a period of significant cumulative hikes. Although inflati...