The Bank of Canada just made a game-changing move! Theyāve cut the key interest rate by a whopping 50 basis points, bringing it down to 3.75%āthe 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 youāve 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? Letās chat!
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