09/18/2026
🚨 FIRST-TIME BUYERS — THIS IS WORTH PAYING ATTENTION TO
Interest-rate pressure is starting to come back.
🇺🇸 The U.S. Federal Reserve just raised its rate by 0.25%, and markets are watching for further increases. Canada’s Bank of Canada is currently holding at 2.25%, but inflation remains around 3% and the Bank has acknowledged that inflation risks have increased. (Federal Reserve)
What could this mean for buyers? Higher borrowing costs can reduce your purchasing power and increase monthly payments. Canadian fixed mortgage rates can also be affected by rising bond yields.
If you’ve been waiting to buy your first home, this may be the time to understand your options before the market changes again.
📲 Message or call me — let’s look at what you may qualify for while today’s conditions are still available.
— Team MS