Will Doyle 2023-07-17 Will Doyle 2023-07-17

Navigating the Bank of Canada's Interest Rate Increase

In a recent announcement, the Bank of Canada revealed an increase in interest rates by 0.25%. As a realtor, it's my responsibility to keep you informed about market changes that can affect your financial decisions. In this blog post, we'll dive into what this interest rate hike means for homeowners and buyers, offering valuable insights and guidance to help you navigate the shifting real estate landscape.

Will Doyle 2023-06-07 Will Doyle 2023-06-07

The Bank of Canada has raised the interest rate by 0.25%!

The Canadian housing market has been a topic of significant interest and discussion, and recent developments have brought even more attention to it. The Bank of Canada has announced a 0.25% increase in the interest rate, prompting concerns and speculations about its potential effects on the housing market. In this blog post, we will delve into the implications of this interest rate hike, shedding light on its impact on fixed rates, market sentiment, and the prevalent "fear of missing out" phenomenon.