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as we announced the bank of canada or brought to you bank of canada announced its uh holding its key benchmark rate at one percent we want to now talk about what that could mean for the mortgage market samantha brooks is the ceo of mortgages of canada kind enough to join us here in studio nice to see you thank you so weve weve talked about whats happening with the canadian dollar weve talked about whats happening in the bond market but lets talk about mortgages because quite frankly the housing market seemed to factor into this bank of canada decision first of all what had been happening after we saw not one but two rate hikes starting in july and then into september by the bank of canada what was that doing in the mortgage market over the last few months over the last few months weve been seeing a cooling of the market and consumers confidence had pretty much gone out the window as you can youve heard im sure that the the real estate market has been softening and so weve ju
