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The Bank of Canada holds the overnight rate at 2.25%, pausing after four cuts in 2025. Rates remain steady as the BoC mo...
01/28/2026

The Bank of Canada holds the overnight rate at 2.25%, pausing after four cuts in 2025. Rates remain steady as the BoC monitors the economy. 🏦

The Bank of Canada has lowered its key interest rate by 0.25% to 2.25% — the second consecutive cut this year 🎯This move...
10/29/2025

The Bank of Canada has lowered its key interest rate by 0.25% to 2.25% — the second consecutive cut this year 🎯
This move brings welcome relief for homeowners and buyers, with lower borrowing costs and improved affordability.
While the Bank hinted this may be the last cut for now, the outlook remains encouraging as the economy moves toward a more balanced and sustainable pace of growth.

The wait is over! ⏳ After three consecutive rate holds, the Bank of Canada has cut the policy rate from 2.75% to 2.5%! W...
09/17/2025

The wait is over! ⏳ After three consecutive rate holds, the Bank of Canada has cut the policy rate from 2.75% to 2.5%! What’s next for the market, and how does this impact borrowers and homebuyers? 🏡

Yesterday, the Bank of Canada held its policy rate steady at 2.75%, pausing after seven consecutive rate cuts. Looking a...
04/18/2025

Yesterday, the Bank of Canada held its policy rate steady at 2.75%, pausing after seven consecutive rate cuts. Looking ahead, further rate reductions are still anticipated.

BOC announced a 0.25% rate drop. Additional relief for variable rate mortgage holders
03/14/2025

BOC announced a 0.25% rate drop. Additional relief for variable rate mortgage holders

The variable mortgage prime rate dropped to 5.2% Just a little reminder of the good news despite the uncertainties 💪🏽
02/04/2025

The variable mortgage prime rate dropped to 5.2% Just a little reminder of the good news despite the uncertainties 💪🏽

Yesterday, the BOC announced another major rate drop of 0.5%. Starting today, all banks have followed suit, reducing the...
12/12/2024

Yesterday, the BOC announced another major rate drop of 0.5%. Starting today, all banks have followed suit, reducing their variable prime rates by the same amount. Great news for variable mortgage holders, this means more payment relief! 🏦

Proud partner of Concord Pacific! We make homeownership simple and stress free. Reach out to us let’s find the perfect m...
11/17/2024

Proud partner of Concord Pacific! We make homeownership simple and stress free. Reach out to us let’s find the perfect mortgage for you!

The Bank of Canada has dropped its overnight rate by 0.5% bringing the bank’s prime rate to 5.95%—the first major rate d...
10/23/2024

The Bank of Canada has dropped its overnight rate by 0.5% bringing the bank’s prime rate to 5.95%—the first major rate decrease in over four years! 🎉🎉

The Bank of Canada cuts interest rate for the third consecutive time to 4.25%, reducing the bank’s variable prime rate t...
09/05/2024

The Bank of Canada cuts interest rate for the third consecutive time to 4.25%, reducing the bank’s variable prime rate to 6.45%! More rate drops expected ahead!

The Bank of Canada cuts the interest rate to 4.5%, reducing the variable prime rate to 6.7%! Expect more rate drops ahea...
07/24/2024

The Bank of Canada cuts the interest rate to 4.5%, reducing the variable prime rate to 6.7%! Expect more rate drops ahead!

The Bank of Canada has cut benchmark rate by 25bps! This is the first cut and a promising sign that more rate cuts may f...
06/05/2024

The Bank of Canada has cut benchmark rate by 25bps! This is the first cut and a promising sign that more rate cuts may follow . So glad that existing variable rate holders can look forward to mortgage payment relief and sidelined buyers can begin entering the market gradually 🎉 🎊 🏦

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