10/29/2025
🔥🔥 RATE CUT to 2.25%
The Bank of Canada lowered its overnight policy rate by .25 basis points this morning from 2.5% to 2.25%.
📉 Bank of Canada just lowered the rate!
Good news for home buyers in Vancouver 🏡
The overnight rate dropped from 2.5% to 2.25%, which means:
💰 Lower borrowing costs
🏦 Easier mortgage qualification
📈 More confidence for buyers entering the market
Even a small drop can make a difference — especially for those on variable-rate mortgages or planning to buy soon.
🏠 Bottom line:
This could be your chance to secure a better rate before demand and prices pick up again.
Vanessa Mac
Call: (778)3897661
Email: [email protected]
