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Another Rate Cut! What Does This Mean for Real Estate?

Another Rate Cut! What Does This Mean for Real Estate?

The Bank of Canada just lowered its benchmark interest rate to 3.0%, marking the sixth consecutive cut—but this time by only 25 basis points instead of the previous 50. While this could mean lower borrowing costs for buyers, uncertainty looms with potential U.S. tariffs on Canadian goods.

Will rates continue to drop? How will the market respond? Stay informed and reach out to discuss how this affects your real estate goals!

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