Mortgage Rates After a Bank of Canada Rate Cut — What Homeowners Need to Know!

Mortgage Rates After a Bank of Canada Rate Cut — What Homeowners Need to Know!

The Bank of Canada just lowered its key interest rate — but what does that mean for your mortgage? In this quick, easy-to-understand video, we break down how a rate cut affects: 🏠 Your monthly mortgage payments 💰 Your home-buying power 📉 Variable vs. fixed-rate mortgages 🧭 What to do next if you’re renewing or refinancing Whether you already own a home or are planning to buy, this guide helps you make smarter financial decisions after a Bank of Canada rate change. 🎥 Watch till the end for real examples from past rate cuts and what they meant for Canadian homeowners.