CONTACT
RSS

Bank of Canada reduces policy rate by 25 basis points to 4.5%

Bank of Canada reduces policy rate by 25 basis points to 4.5%

Exciting news for homebuyers, sellers, and investors! The Bank of Canada has just reduced its overnight rate, making borrowing more affordable.

For buyers, now is an optimal time to secure a mortgage with lower rates.

Sellers can expect a boost in market activity as affordability increases.

Investors, take note of robust economic growth forecasts and easing inflation pressures, indicating favourable conditions for property investments.

Want to explore opportunities in this dynamic market? Reach out today for personalized insights and guidance. Let's navigate your real estate goals together.

Jason Streich
Real Broker
(403) 807-2204
jason@jasonstreich.com

Read Full Report

Comments:

No comments

Post Your Comment:

Your email will not be published
Categories
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.