.USD/CAD dailyUSD/CAD ended a nine-day losing streak the other day however weak real estate beginnings and also manufacturing sales records today helped to strengthen the case for a fifty manner factor reduced next week.The Bank of Canada is truly worried about the strength of the economy yet the majority of the conversation in the nation has been about housing and mortgage loans. RBC financial expert Nathan Janzen disputes work market weak spot is a better problem than the mortgage loan renewals.Bank of Canada rate decreases (75 bps so far, along with so much more valued in) have alleviated pressure on home loan renewalsMany 1-3 year home loans most likely to revive at lower rates variable cost mortgage loans presently seeing relief4-5 year set home loans still experience repayment increasesTotal home mortgage payment increase in 2025 predicted at just 0.1% of home non reusable incomeMeanwhile, the bob market is showing concerning indications:.Project positions down 25% y/yUnemployment rate right now above pre-pandemic levelsRBC forecasts unemployment to climb from 5% currently to 7% by early 2025 and notes that each 1 amount factor rise in joblessness normally lowers home non-reusable earnings through 0.5%.