10/29/2026
🏡 MARKET INSIGHT: Understanding the 0.25% Rate Hike 🇨🇦
The Bank of Canada recently raised its key interest rate to 2.50%. To show you how a minor change impacts a monthly budget, here is a breakdown based on a $900,000 home (10% down payment, 25-year amortization):
• Before (2.25%): $3,533/month
• After (2.50%): $3,634/month
• The Shift: +$101/month ($1,214/year)
📈 Smart Strategy Wins in Any Market
Rate changes don't mean you have to change your real estate goals—they just mean you need an exact strategy. As your trusted real estate partner, I track these adjustments daily to protect your purchasing power and keep your next move fully calculated.
Whether you are calculating your current buying budget or preparing for an upcoming renewal, let’s run your numbers together! 📲
Sadia Alam | Sales Representative
RE/MAX Ace Realty Inc., Brokerage
📞 416-817-9946
✨ Your Goals. My Priority.
