RSS

The Bank of Canada Just Cut the Rate to 2.25%! 📉

The Bank of Canada Just Cut the Rate to 2.25%! 📉

​This is more than just an economic headline—it’s a clear market signal that has immediate, positive impacts across the housing market.


​Here’s what this latest cut means for YOU:
​🏡 For the First-Time Home Buyer:
The Opportunity: Lower rates mean a better stress test! Your ability to qualify for a mortgage and your overall purchasing power just increased. The door to home-ownership is swinging wider.
- ​Your Next Step: Stop waiting and see what you can truly afford in this new more favourable environment.
​➡️ Let's review your qualification and start your search!


​🔑 For the Current Homeowner Renewing Soon:
- ​The Relief: Every cut minimizes the pain of renewing from your previous low rate. You have a chance to secure a new rate that is significantly lower than peak rates from earlier this year.
Your Next Step: Don't let your current lender auto-renew you at a high rate. We can shop the market for a lower fixed or variable rate.
​➡️ Don't leave money on the table—contact me!


​💰 For the Variable-Rate Mortgage Holder:
The Savings: You get immediate, tangible relief! Your monthly payment will drop (or more of your payment will go toward your principal), putting cash back in your pocket.
Your Next Step: Let's discuss a strategic review: ride the wave of future cuts or use this low point to lock in stability with a fixed rate.
​➡️ Send me a quick DM to confirm your new payment details.


​The time for waiting on the sidelines is over. Whether you’re buying, selling, or renewing, this shift is your moment to act.

​Ready to turn this news into your financial advantage? Send me a message or call me today!

This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.