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RATES EXPECTED TO GO UP. What a 0.25% Bank of Canada hike could mean for youThe Bank of Canada announces its rate decisi...
10/27/2026

RATES EXPECTED TO GO UP.

What a 0.25% Bank of Canada hike could mean for you

The Bank of Canada announces its rate decision on October 28. Many economists expect a quarter point increase, taking the overnight rate from 2.25% to 2.50%.
Small number. Big conversation. Here’s how it breaks down.

Who actually moves rates?

The Bank of Canada sets the overnight rate. That drives prime and variable mortgage rates.
Fixed rates follow the bond market. Bond yields climb when investors expect higher rates, so fixed rates often move before the Bank does.
Translation: the market has been pricing this in for weeks.

Why it could be good news for first-time buyers

Higher rates tend to cool demand.
Less competition can mean more room to negotiate.
Prices often ease when rates rise. Often, not always.
Get pre-approved and ask about a rate hold so you’re ready when the right place shows up.

Where it gets tougher

Variable rate holders will see payments or interest costs rise.
Anyone who bought near the peak with a small down payment could end up owing more than the home is worth if prices soften.
Heavy debt loads (HELOCs, credit cards, upcoming renewals) get squeezed first.

The cautiously optimistic take

A quarter point is a modest step, not a shock.
Gradual and predictable is easier to plan around than sudden swings. The people who do best in a shifting market know their numbers early.

Want to run your numbers? Send me a message.
General information only, not financial advice.

60 years ago today  #4 played his first game as a Boston Bruin.
10/21/2026

60 years ago today #4 played his first game as a Boston Bruin.

If you’re looking for a year-round cottage, now is a great time to explore cottage country.Fall gives you the chance to ...
10/05/2026

If you’re looking for a year-round cottage, now is a great time to explore cottage country.

Fall gives you the chance to experience the area at its best, take in the incredible colours, and get a real sense of what the neighbourhood feels like outside of peak summer season.

I’ve included a handy fall foliage map to help you see where the colours are changing right now. The red zone is where the leaves are at their best.

It’s a beautiful time of year to explore, and a smart time to get a feel for where you might want to call home year-round.

10/02/2026

Open House
248 Benson Ave. Toronto
Saturday, October 3rd, 2-4 pm

Open House Sat October 3rd 2-4 PM248 Benson Ave | Wychwood$1,179,900A rare turnkey opportunity in one of Toronto’s most ...
10/02/2026

Open House Sat October 3rd 2-4 PM

248 Benson Ave | Wychwood
$1,179,900

A rare turnkey opportunity in one of Toronto’s most sought-after neighbourhoods.

Redesigned by an owner-architect and renovated from the studs up, this beautifully considered 3-bedroom home blends thoughtful design with exceptional functionality.

Highlights include:
• Open-concept main floor with custom kitchen and premium appliances
• South-facing porch and seamless indoor-outdoor connection
• 3 bathrooms, including a spa-inspired bath with commercial-grade steam shower
• Oversized windows, engineered hardwood and custom millwork throughout
• Fully updated plumbing, electrical, HVAC, windows and more
• Finished basement with custom storage and premium laundry centre
• 14' x 14' rear deck, professionally landscaped yard and cedar garden beds
• Exceptional energy efficiency and year-round comfort
• Parking available directly in front of the home through a City parking permit

Steps from Wychwood Barns, the year-round farmers' market, St. Clair West restaurants, parks, schools and transit.

A thoughtfully renovated home where design, comfort and location come together.

Address

200 Dundas Street W
Whitby, ON
L1N2M3

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