https://padlet.com/jkcrooks90/w2mh7rn6nujg information on the economy and inflation effect mortgage rates. en-us 2016-04-03 19:22:06 UTC 2024-01-22 13:16:52 UTC hello@padlet.com https://padletuploads.blob.core.windows.net/aws/107496971/6a4859d055e64a638f277e89f3c46f4dc40cca24/ec25d81852ed62d39be5c68ba29c86c2.png jkcrooks90 https://padlet.com/jkcrooks90/w2mh7rn6nujg/wish/103785554  This picture shows that there is a relationship with inflation and the economy . As one rises the other one falls.]]> 2016-04-03 19:34:16 UTC https://padlet.com/jkcrooks90/w2mh7rn6nujg/wish/103785554 jkcrooks90 https://padlet.com/jkcrooks90/w2mh7rn6nujg/wish/104012490 The bond market is intertwined with interest rates . When inflation increases the initial value of the bond decreases and the initial interest rate on the bond may not be enough for the bond owners . They need higher interest rates to make money so this increases the interest rate on new mortgages.]]> 2016-04-04 21:06:13 UTC https://padlet.com/jkcrooks90/w2mh7rn6nujg/wish/104012490 jkcrooks90 https://padlet.com/jkcrooks90/w2mh7rn6nujg/wish/104015651 Interest rates , economy  and inflation are all connected , its a constant cycle that effects each other .]]> 2016-04-04 21:35:37 UTC https://padlet.com/jkcrooks90/w2mh7rn6nujg/wish/104015651 jkcrooks90 https://padlet.com/jkcrooks90/w2mh7rn6nujg/wish/104016075 What is easier for you to afford  ? stronger economy and higher inflation  , so you make more money but expenses are higher but interest rates are lower. Weaker economicy , cheaper expenses but higher interest rate.]]> 2016-04-04 21:41:13 UTC https://padlet.com/jkcrooks90/w2mh7rn6nujg/wish/104016075 jkcrooks90 https://padlet.com/jkcrooks90/w2mh7rn6nujg/wish/104016336 When Government bonds are decreasing in value , its normal for mortage rates to decrease also. but recently since the economy is weak and inflation  cost is high they have to increase interest rates to make profit . This breaks the norm of weaker economy lower inflation cost. ]]> 2016-04-04 21:45:09 UTC https://padlet.com/jkcrooks90/w2mh7rn6nujg/wish/104016336 jkcrooks90 https://padlet.com/jkcrooks90/w2mh7rn6nujg/wish/104019037 Short term mortgages can be a good choice if your think a large change in inflation , economy or interest rates are going to happen in a years time . There are multiple pro and cons of short term mortgages such as , interest rates decrease you can get a new rate in a short amount of time   . the cons are when your short mortgage is up for renewal you may not get a good deal .]]> 2016-04-04 22:18:48 UTC https://padlet.com/jkcrooks90/w2mh7rn6nujg/wish/104019037 jkcrooks90 https://padlet.com/jkcrooks90/w2mh7rn6nujg/wish/104021109 Inflation and the state of the Canadian government are not the only things that effect our mortgage rates . A lot of worldwide events effect our mortgage rates such as our neighbor the United States Economy effects ours greatly , The Slowing of the growth of Chinas Economy and the Low prices of Oil all effect our mortgage rates.]]> 2016-04-04 22:52:10 UTC https://padlet.com/jkcrooks90/w2mh7rn6nujg/wish/104021109 jkcrooks90 https://padlet.com/jkcrooks90/w2mh7rn6nujg/wish/104021372 When US job are on the rise so is the US Economy . This also increases inflation and mortgages. This video also shows that a lot of what happens to our Neighbouring nation also effects us in Canada .]]> 2016-04-04 22:56:44 UTC https://padlet.com/jkcrooks90/w2mh7rn6nujg/wish/104021372 jkcrooks90 https://padlet.com/jkcrooks90/w2mh7rn6nujg/wish/104021592
This video is a basic explanation of inflation and its effect on mortgage rates/ economies .  It also goes over Economic bubbles . If the Economic bubbles "burst " they can cause some serious problems such as price crashes and job loss.]]> 2016-04-04 22:59:52 UTC https://padlet.com/jkcrooks90/w2mh7rn6nujg/wish/104021592 jkcrooks90 https://padlet.com/jkcrooks90/w2mh7rn6nujg/wish/104021743 Attached is a wordfile document .

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