06/10/2026
📢 BANK OF CANADA HOLDS INTEREST RATE 📢
The Bank of Canada has announced that it is maintaining its overnight lending rate at 2.25%, providing continued stability for borrowers and homeowners.
🏡 What does this mean for you?
✔️ Mortgage rates remain relatively stable
✔️ Buyers can plan with greater confidence
✔️ Sellers continue to benefit from active market conditions
✔️ Homeowners have more certainty when reviewing their financial goals
Whether you're thinking about buying, selling, investing, or simply wondering how today's rate environment affects your home's value, understanding the market is key.
Let's talk about what this announcement could mean for your real estate plans in 2026!
📍 Nancy Dressel, REALTOR®/Broker
🏢 Royal LePage Frank Real Estate, Brokerage
📱 905-404-3487
📧 [email protected]
🌐 https://nancydressel.royallepage.ca