10/29/2026
📢 INTEREST RATES ARE UP! What does this mean if you’re planning to buy a home? 🏡
The Bank of Canada increased its key interest rate by 0.25 percentage points. If you’re planning to purchase a townhouse, semi-detached or detached home, this is a good time to review your mortgage strategy.
Here are 5 things every homebuyer should understand:
🔹 Fixed vs. variable mortgage rates
🔹 How interest rates can affect monthly payments
🔹 How much home you can comfortably afford
🔹 Why mortgage pre-approval matters
🔹 What to review before making an offer
Thinking about buying in Brampton or Sandringham-Wellington? Don’t make decisions based on headlines alone. Understand your numbers, explore your options and plan ahead.
📖 Read my latest blog for a practical homebuyer’s guide:
🌐 www.manpreetrealtor.com
Manpreet Chohan
Realtor | Royal Canadian Realty, Brokerage
📞 437-990-2331
Turning Dreams Into Addresses — One Home at a Time.
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