interest rate cut

15 12, 2024

Bank of Canada Drop Benchmark Rate – The Impact?

By |2024-12-15T19:58:19-05:00December 15th, 2024|Benchmark Rate, Buying a house, rent-to-own|0 Comments

The Bank of Canada has lowered its benchmark rate by 50 bps, bringing it down to 3.25%. This marks the fifth consecutive cut since June. sending ripples of optimism across the Canadian housing market. For homebuyers, particularly first-time buyers and those navigating affordability challenges, this change could present new opportunities in a market that has [...]

24 10, 2024

Bank Of Canada Reduces Key Rate Again – What Does it Mean for You?

By |2024-10-24T12:47:38-04:00October 24th, 2024|Uncategorized|0 Comments

Big news is shaking up the Canadian housing market! The Bank of Canada has just slashed its key rate by 50 basis points, bringing it down to 3.75%. Lower borrowing costs could mean a surge of new buyers entering the market either heading into the Winter season but more likely we will see a surge [...]

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