Tag: variable mortgage rates

• Experts predict a 0.25% rate cut from the Bank of Canada on Jan 29 2025

  

  As the new year begins, Canadians are eagerly anticipating the Bank of Canada’s (BoC) first interest rate announcement of 2025. Scheduled for January 29, this update is expected to reveal key insights into the central bank’s strategy to address ongoing economic challenges. Experts are already weighing in on what to expect. Reflecting on the Final…

  Kaleylangille

  January 27, 2025

  Uncategorized

  2025 economy, bank of canada, Canadian mortgages, economy, finance, financial planning, inflation, inflation trends, interest rate update, interest-rates, monetary policy, real estate, trade tariffs, variable mortgage rates

• Bank of Canada’s Rate Cut: Limited Impact on Real Estate Market

  

  On July 24, 2024, the Bank of Canada lowered its key interest rate by a quarter percentage point to 4.5%. While this move is intended to combat inflation and stimulate economic growth, experts suggest that its immediate impact on the real estate market will be limited. Modest Rate Cut and Market Expectations John Lusink, President…

  Kaleylangille

  July 24, 2024

  Uncategorized

  Adam Jacobs, bank of canada, BMO, Canadian housing market, Colliers Canada, commercial real estate, economic growth, fixed mortgage rates, home buyers, housing market, inflation control, interest rate cut, interest-rates, John Lusink, Karen Yolevski, Leah Zlatkin, LowestRates.ca, mortgage rates, mortgage-rates, Penelope Graham, property market, Ratehub.ca, real estate, real estate market, realtor, Right at Home Realty, Robert Kavcic, Royal LePage, variable mortgage rates, Victor Tran