The Bank of Canada just made a game-changing move! They’ve cut the key interest rate by a whopping 50 basis points, bringing it down to 3.75%—the largest cut since the pandemic.
What does this mean? More affordable mortgages, lower borrowing costs, and a potential boost in the real estate market! If you’ve been waiting to buy or invest, this could be your moment to jump in.
Before today, the rate stood at 4.25%. Economists were watching closely, and the Bank delivered on expectations with this bold decision.
Are you ready to take advantage of this shift? Let’s chat!
𝗟𝗶𝗻𝗱𝘀𝗮𝘆 𝗦𝗶𝗲𝗱𝗺𝗮𝗻𝗻 ®
