10/28/2026
🏡 Bank of Canada Rate Update! 🇨🇦
The Bank of Canada has increased its overnight rate to 2.50%, up 0.25%.
What does this mean for homebuyers?
🔑 Buying power: Higher rates may affect how much you qualify for.
🏡 Mortgage payments: Variable-rate mortgages may become more expensive.
💰 Planning ahead: Understanding your budget and mortgage options is more important than ever!
Higher rates don’t mean putting your homeownership goals on hold. The right mortgage strategy can make all the difference!
📲 Let’s talk about your options!
Selena Buckle | Mortgage Agent Level 1
Silver Leaf Financial Group