The BoC just cut interest rates by 0.25%, bringing the policy rate down to 3%! Plus, they’re ending Quantitative Tightening (QT)—a major shift in their strategy.

 What does this mean for you?

• Variable-rate mortgage holders – You could see lower payments soon as banks adjust rates!
• Fixed mortgage rates – Bond yields may stabilize or drop.
• Debt & loans – Credit lines and personal loans may get a little cheaper to carry.
• Housing market – Lower rates could bring more buyers back, supporting home prices.

What’s next?

If inflation stays in check, we might see more rate cuts ahead, making borrowing even more affordable.

Thinking about refinancing or buying a home? Now is the time to explore your options! DM me to book a free 30-minute consultation to discuss your best move!