10/28/2026
📈 Rates have changed. What does that mean for your next move?
The Bank of Canada raised its policy rate by 0.25 percentage points to 2.50% on October 28. 🏦
🏡 Buying? Review your budget and financing with your mortgage professional. Your purchase price, monthly costs, and negotiating strategy all matter.
🔑 Selling? Buyer affordability can influence offers. A strong pricing strategy, professional presentation, and targeted marketing can help your home stand out.
Variable-rate mortgages may be affected as lenders adjust their prime rates. Existing fixed-rate mortgages stay at their contracted rate until renewal.
Swipe through for what this means for GTA buyers and sellers ➡️
📩 Thinking about buying or selling? DM me “PLAN” for a free, personalized conversation about your next move—or visit my profile for my contact information.