Jessica Murray Sub Mortgage Broker

10/29/2025

The Bank of Canada announced this morning that it has reduced its benchmark rate to 2.25%

While the global economy has been resilient to the rise in US tarriffs, the impact is becoming more evident with trade relationships being reconfigured.

Expect the Bank to continue to monitor economic conditions carefully before deciding on future rate cuts.

09/17/2025

The Bank of Canada announced this morning that it has reduced its benchmark rate to 2.50%

While remaining resilient to higher US tariffs, and ongoing uncertainty, the global economy is showing signs of slowing. The Governing Council decided to reduce the policy rate to better balance the economic risks and uncertainties in the global economy.

Expect the Bank to continue to monitor economic conditions carefully before deciding on future rate cuts.

07/30/2025

The Bank of Canada has announced this morning that it has maintained its benchmark rate at 2.75%

With still high uncertainty around US tariffs, the Canadian economy is showing some resilience. Still, with ongoing pressures on underlying inflation, the Governing Council decided to hold the policy interest rate unchanged.

Expect the Bank to continue to monitor economic conditions carefully before deciding on future rate cuts.

04/16/2025

The Bank of Canada has announced this morning that it has maintained its benchmark rate at 2.75%

Global factors and the major shift in the direction of US trade policy and the unpredictability of tariffs have increased uncertainty, diminished prospects for economic growth, and raised inflation expectations and the Bank of Canada is focused on maintaining price stability for Canadians.

Expect the bank to continue to monitor economic conditions carefully before deciding on future rate cuts

03/12/2025

With another announcement this morning the Bank Of Canada has again reduced the policy rate by 25 basis points to 2.75%! It may be time to start looking for that new home! Let’s talk!

01/29/2025

With another announcement this morning the Bank Of Canada has again reduced the policy rate by 25 basis points to 3%! It may be time to start looking for that new home! Let’s talk!

12/11/2024

With another announcement this morning the Bank Of Canada has again reduced the policy rate by 50 basis points to 3.25%. What does this mean in terms of affordability? Let’s talk about it!

11/13/2024