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Bank of Canada reduces policy rate by 25 basis points to 4.5%

Bank of Canada reduces policy rate by 25 basis points to 4.5%


Exciting news for homebuyers, sellers, and investors! The Bank of Canada has just reduced its overnight rate, making borrowing more affordable.

For buyers, now is an optimal time to secure a mortgage with lower rates.

Sellers can expect a boost in market activity as affordability increases.

Investors, take note of robust economic growth forecasts and easing inflation pressures, indicating favourable conditions for property investments.

Want to explore opportunities in this dynamic market? Reach out today for personalized insights and guidance. Let's navigate your real estate goals together.

Craig Finnman
RE/MAX Elite
(780) 982-1589
craig@craigfinnman.ca

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