The Bank of Canada has made its final major move of the year, lowering the key interest rate to 3.25%—a large 50 basis point cut! Good news for variable-rate mortgage holders: expect lower monthly payments! But rising home prices may push potential buyers to act faster.
How do you think this will shape the housing market and affordability? 🏡💭
#InterestRates #BankOfCanada #RealEstateTrends #EconomicNews #MortgageRates
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