01/30/2025
Attention Libro Members and Prospective Home Buyers!
The Bank of Canada has just announced a 25 basis point cut to the policy rate, bringing it down to 3%. This change could have significant implications for your home buying plans. 🏡📉
Stay informed and proactive to make the best decisions for your future home or if you are looking to refinance and move your mortgage to LIBRO. If you have any questions or need assistance, feel free to reach out to me at 226-340-0516.
The Bank of Canada today reduced its target for the overnight rate to 3%, with the Bank Rate at 3.25% and the deposit rate at 2.95%.