You may have seen headlines focusing around CPI - Consumer Price Index. You may have noticed the price of gas, groceries, commodoties have all experienced big changes and been quite volatile.
While it appears inflation may have peaked and we are on the way down, we have seen the CPI from our neighbours to the south came in higher than expected last month
What this means is that we are likely going to move in lockstep with the US Federal Reserve and the Bank of Canada, which signaled more rate hikes are in the future, is likely to continue raising in the near future.
Until inflation is brought under control these measures will continue
What this means from a financing perspective is qualifying for credit will become more challenging. Traditional lenders are most sensitive to these changes and typically conservative in their criteria. A profound "tap on/tap off" effect can be felt as they tighten the purse strings.
As independent agents we are not tied to any single institution, we are able to source a variety of solutions to meet ever changing needs in a volatile and challenging market.
Let us show you how with creativity and strong partnerships we are able to find solutions where traditional channels are unable to.
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