Jan 30 2025 21 mins 2
Welcome to this episode of Make Money Count!
The BoC lowered its key rate by 25 basis points, bringing the prime rate down to 5.2%—and more cuts are expected! What does this mean for homeowners, investors, and borrowers?
- Variable vs. Fixed Rate Mortgages – Should you break your fixed rate?
- HELOC & Line of Credit Rates Rising – What you need to know
- Housing Market Outlook – Is now the right time to buy?
- Canada’s Economic Future – What’s next for interest rates?
If you're thinking about switching to a variable rate or have a mortgage renewal coming up, now is the time to act! Contact us to find the best mortgage strategy for you.
