Matt Dean Realty

05/06/2026

Negotiated an incredible deal for my buyers. So happy to help a young expanding family move up. I know they are going to be so happy here! Matt Dean, Broker. Remax Realty Specialists. 416-450-4503

04/29/2026

The Bank of Canada made its latest interest rate announcement and they held rates where they are.

This was the expected move.

But the decision itself isn’t really the story. What matters is why they held — and what that tells us about where things are headed next.

There are two very different forces pulling in opposite directions:

The Canadian economy is still showing signs of fatigue. Growth isn’t strong, unemployment is creeping up, and there’s clearly pressure building underneath.

Alternatively, we’ve got global issues pushing oil prices higher.

If they cut rates too soon, they risk inflation coming back.
If they tighten, they risk putting more strain on an already soft economy.

So, for now… they sit tight.

What this means for your mortgage, right now

Variable rates
These are now the most predictable piece of the puzzle in the short term. With the Bank of Canada in a holding pattern, there’s no immediate pressure for them to move. That creates a window of stability.

Fixed rates
This is where things are more sensitive.

Fixed rates are being driven by the bond market — and the bond market right now is reacting to global headlines, not just Canadian data.

When inflation expectations rise, fixed rates tend to drift higher as well.

This isn’t a simple “rates are going up” or “rates are going down” environment.

This is a moving target environment.

And more than anything, it’s being influenced by factors outside of Canada.
That’s why you’re seeing:
Sudden shifts in fixed rates
Periods of stability followed by quick changes

04/10/2026

It is a challenging market where the right marketing and correct strategy go a long way, along with managing expectations. So happy for my sellers and the next chapter in their journey. Call 416-450-4503 to get your home sold. Matt Dean, Broker, Remax Realty Specialists Inc., Brokerage

03/23/2026

Discover your dream home in the serene Headon Forest community; a 2-bedroom, 3-bathroom All-Brick Townhouse Backing Onto a Ravine. This well-maintained Family-friendly Complex is Close To All Amenities and Major Highways, yet With The Feeling Of Living Within Nature's Paradise.
Call 416-450-4503 for a private viewing. Matt Dean, Broker, Remax Realty Specialists Inc., Brokerage

2 Beds. 2 ½ Baths. Life is Better in Burlington!

10/29/2025

Bank of Canada cuts to 2.25%, rates ‘about the right’ level

The Bank of Canada cut interest rates as it sees damage from U.S. tariffs persisting, but signalled that borrowing costs are roughly at the right place as long as its forecasts materialize.

Officials led by Governor Tiff Macklem lowered the benchmark overnight rate by 25 basis points for a second consecutive meeting on Wednesday, bringing the policy rate to 2.25%, the lowest since July 2022.

The central bank also slashed growth projections, painting a downbeat picture of the economy. In prepared remarks, Macklem called the trade conflict with the US a “structural transition” that has “diminished Canada’s economic prospects.”

But the central bank pushed back on expectations of further easing, saying it sees the policy rate “at about the right level keep inflation close to 2% while helping the economy through this period of adjustment.” That depends on inflation and economic activity evolving in line with its projections.

“If the outlook changes, we are prepared to respond,” the bank said.

The Canadian dollar extended gains after the decision, trading at $1.3915 per U.S. dollar, its strongest level since Oct. 1. It is a third day of gains for the loonie. Yields on Canadian government debt rose across the curve. Traders in overnight swaps lowered expectations for a December rate cut.

Policymakers also reiterated the supply shock posed by the trade dispute limits their ability to intervene and stimulate growth.

“The structural damage caused by the trade conflict reduces the capacity of the economy and adds costs. This limits the role that monetary policy can play to boost demand while maintaining low inflation.”

Macklem also acknowledged that the bank’s preferred core inflation metrics were “sticky” around 3%, but reiterated “upward momentum has dissipated” and repeated the bank sees a broader suite of measures pointing to underlying price pressures around 2.5%.

The bank sees the economy in excess supply over the forecast horizon. Policymakers also cut their outlook for growth to 0.75% for the second half of 2025. In his remarks, Macklem said the bank sees the economy 1.5% smaller by the end of 2026 compared with the forecast in January.

10/14/2025

So happy for my sellers and buyers! It is very rewarding helping nice people achieve their goals!

10/10/2025

10/01/2025

Dreaming of mountain views, clean air and healthy outdoor living, while still having everything you need close by? This incredible detached home could be your dream come true! Windfall at Blue Mountains, where luxury and natural beauty converge. Amenities include THE SHED recreation centre, featuring 4-season hot and cool pools, green space, party room, BBQ's, exercise room and sauna! The strong luxury rental market, especially during Ski Season offers an opportunity to lease the home. The home can literally pay for itself! Listed at $1,409,800

Call for a private viewing. 416-450-4503

4 Beds. 3 ½ Baths. -

09/18/2025

Sold in 5 days for all my seller hoped for! The right marketing and strategy works in any market. Call me to get your home sold quickly for the right price!

09/17/2025

A Rare Opportunity to snap up the lowest priced detached in a Sought-After Community! Perfect for First-Time Buyers or Downsizers and Growing Families. This Charming Home Is Nestled in a Private, Family-Friendly Enclave Where Homes Seldom Come to Market. Call for a private showing at 416-450-4503

3 Beds. 1 ½ Baths. Life is Better in Meadowvale!