11/04/2026
🏦 Interest rates are going UP again. What does that mean for you?
The Bank of Canada has raised its key interest rate to 2.50% — its first increase in more than three years.
And whether you're planning to buy a home, sell your property or renew your mortgage, this decision could affect your plans.
A few questions worth asking:
🏡 Thinking of buying? Could higher borrowing costs change your budget?
🔑 Mortgage renewal coming up? Is it time to review your options?
💰 Considering selling? How might the latest rate increase influence buyer confidence?
There's more behind this announcement than just a change in interest rates.
I've broken down the Bank's decision, inflation outlook and potential implications for Toronto and GTA real estate in my latest newsletter.
📖 Link in comments!
💬 Have questions about today's market? Feel free to reach out!
🏡 Brian McIntyre Real Estate | RE/MAX Hallmark®