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🏦 Bank of Canada Cuts Key Interest Rate to 3.25% 📉

🏦 Bank of Canada Cuts Key Interest Rate to 3.25% 📉

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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