June 2024

Bank of Canada Lowers Interest Rates

Posted on Jun 07, 2024

Exciting Update in Real Estate and Finance! 

The Bank of Canada has just lowered its overnight lending rate from 5% to 4.75%! This is the first rate cut in four years, and it could have a big impact on the housing market.While the economy is still showing some excess capacity and GDP growth is slow, there's good news: core inflation is easing, even...

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