Bank of Canada Makes Supersize 50bps Cut

Great news for homeowners and prospective buyers!
Last Wednesday, the Bank of Canada announced a significant .50% cut to the overnight target rate, dropping it from 4.5% to 3.75%. This move promises to reshape the landscape for variable rate mortgage holders, potential purchasers, and those approaching mortgage renewals in 2025. The overnight target rate aka the policy interest rate, key interest rate,...

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Welcome, I'm Kade

Energized by connection and solutions; I strive to advise and support my clients so they are able to make informed decisions while moving confidently through Vancouver's Real Estate market.


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