Posted: October 8, 2024
Bank of Canada Governor Tiff Macklem has hinted at potential interest rate cuts in the near future. With inflation easing, it’s “reasonable” to expect further cuts in the policy rate. This is fantastic news for anyone with a variable-rate mortgage, those looking to renew, or those considering entering the market soon.
I’ve written a detailed blog post exploring why this direction for the Bank of Canada appears likely and what it means for you. Whether you’re a homeowner, realtor, or real estate investor, this information is crucial.
Click the link below to read the full article and stay informed.
As many of you know, I’ve been in the mortgage business for over a decade, and I’ve got a knack for handling those tricky financing situations. Whether you’re a first-time homebuyer or a seasoned investor, I can help you make the most of these potential rate cuts.
Feel free to reach out if you have any questions or need some advice. Let’s make the most of these opportunities together!
Cheers, Stuart Lessels
Your “Go To” Mortgage Broker for Georgian Bay and beyond
stuart@housenow.ca
(705) 445-1234
Feel free to share this with your clients and colleagues. It’s always good to stay informed and be prepared for what’s coming next in the market!
P.S. If you need any mortgage advice or have any questions, don’t hesitate to reach out. I’m here to help all across Ontario!
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