The Bank of Canada is predicted to cut its policy interest rate to 2.25% by 2025, reducing the current rate of 5% by more than half. This would be beneficial for borrowers with high mortgage payments. Home sale numbers have decreased due to high interest rates.
The Bank of Canada is predicted to cut its policy interest rate to 2.25% by 2025, reducing the current rate of 5% by more than half. This would be beneficial for borrowers with high mortgage payments . Home sale numbers have decreased due to high interest rates.
Bank Of Canada Interest Rate Mortgage Payments Home Sales
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