10/28/2026
🚨 NEWS ALERT: BANK OF CANADA RAISES THE POLICY RATE BY 25 BASIS POINTS TO 2.50% 🚨
The Bank of Canada has increased its key interest rate from 2.25% to 2.50% , marking a 0.25% point increase.
💡 What this means for you:
* Mortgage rates may see upward pressure
* Buyers should revisit their pre-approval and budget
* Sellers should keep pricing and buyer affordability in mind
Whether you're buying, selling, or renewing — it’s important to understand how this shift affects your strategy.
📲 DM "RATE UPDATE" to discuss your options!
𝐖𝐀𝐒𝐈 𝐔𝐃𝐃𝐈𝐍 - Sales Representative
RE/MAX Real Estate Centre In. Brokerage
📞 𝟰𝟭𝟲.𝟱𝟲𝟲.𝟯𝟲𝟰𝟮
🌐 www.Homesbywasi.com
📷 Instagram.com/wasiuddinrealtor