10/28/2026
📈 BANK OF CANADA RATE UPDATE!
The Bank of Canada has increased its key interest rate by 0.25%, bringing it to 2.50%, with the prime lending rate expected to rise to 4.70%.
🏡 Whether you’re buying, selling, or renewing your mortgage, this change could impact your real estate plans.
📅 The next Bank of Canada rate announcement is scheduled for December 9, 2026.
Have questions about what this means for the real estate market or your next move? Let’s connect!