How the OCR Really Impacts Interest Rates ⎜ Ep. 1651
In this episode, we discuss how the OCR impacts mortgage interest rates. We talk about what the OCR is, how the banks use it, how it impacts swap rates and how it eventually impacts your mortgage interest rate. As you'll learn, it takes time for the OCR to impact your mortgage interest rate. And your mortgage interest rates can start to go up or down even before the OCR moves.