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Why the Recent Interest‑Rate Cut Makes This an Opportune Time to Consider Buying

One of the key drivers of affordability in home‑buying is interest rates. Recently, the Bank of Canada cut its benchmark interest rate to 2.50%, trimming 25 basis points off its policy rate. Mortgage Professional+3Trading Economics+3Reuters+3 Here’s what that means for you—straightforward and without any hype: ✅ What the rate cut does Lower borrowing costs: With the policy rate down,...