April 29 Is the Date Every Canadian Homebuyer Should Have on Their Calendar
Posted by MaxWell Realty Admin on
Bank of Canada Holds Steady: What the April 29 Rate Decision Could Mean for Your Next Home Move
Spring is here, and across Canada that means one thing: house-hunting season is officially underway. Whether you're a first-time buyer in Edmonton, a young professional eyeing a condo in Toronto, or a family in Halifax ready to upsize, the next few weeks could shape what you can afford and when you should move.
On March 18, the Bank of Canada held its key overnight rate at 2.25%. The next decision lands April 29. Here's what it means for you.
Why the Bank Held Steady
The Bank of Canada sets the tone for lenders across the country. When the overnight rate holds, variable mortgage rates and bond yields tend to follow. The March hold came down to a…
930 Views, 0 Comments

