01/29/2025
📢 Bank of Canada Update 📢
Today, the Bank of Canada announced a 25-basis-point reduction in its policy interest rate, bringing it down to 3.00%. This decision aims to support economic growth amid uncertainties, including potential U.S. trade tariffs.
For homebuyers and sellers, this rate cut could lead to more favourable borrowing conditions, making it an opportune time to explore your options. If you have questions or need guidance, feel free to reach out—I'm here to help!
Read the full announcement here: https://www.bankofcanada.ca/2025/01/fad-press-release-2025-01-29/
Ade Majekodunmi
Realtor
Century 21 B.J. Roth Realty Ltd.
416 795 3249