10/28/2026
🏡 The Bank of Canada has increased its interest rate by 0.25% — but what does that mean for your home purchase?
A rate change doesn’t automatically mean you should put your home search on hold. The impact depends on whether you have a fixed or variable-rate mortgage, your budget, and your overall financial goals.
✔️ How could this affect your monthly payments?
✔️ What should buyers consider before making a move?
✔️ Is it still a good time to buy?
The key is understanding your options and having a strategy that works for you. The right time to buy is about more than just interest rates — it’s about making an informed decision that fits your life and financial goals.
Have questions about what this means for your next move? Let’s talk!
The Real Edge | Let’s be real.