🔔🏦 𝑩𝒂𝒏𝒌 𝒐𝒇 𝑪𝒂𝒏𝒂𝒅𝒂 𝑹𝒂𝒕𝒆 𝑪𝒖𝒕 𝑨𝒍𝒆𝒓𝒕!🔔

The Bank of Canada has just reduced its policy rate by 0.25%, which means the prime rate will drop from 4.70% to 4.45%.

This is good news for variable-rate mortgage holders and those with home equity lines of credit (HELOCs) — you may see a small drop in your interest costs!

Every quarter-point matters when it comes to your monthly budget and long-term savings.

If you’re wondering how this change affects your mortgage or homeownership plans, let’s chat — I can review your situation and guide you on the next best steps. 

Let’s discuss your mortgage strategy and make sure you’re taking advantage of today’s market shift!