Bank of Canada Keeps Key Rate The Same
The Bank of Canada announced earlier today that it is keeping its key policy rate steady, a move that was widely anticipated in the markets. This is a good sign for today’s Buyers and makes home ownership affordable. This is a great time to take advantage of these investment opportunities.
The Hamre Team at RE/MAX in Ottawa has lenders offering our clients very attractive rates. Example; a variable rate at 2.40% or a 5 year fixed rate at 3.49%
Please contact The Hamre Team to setup a buying consultation. We can walk you through the buying process and ensure that you have a strategy in place to take advantage of these attractive rates.
The Bank's next rate decision is scheduled for October 25.
Rates are subject to change without notice. *OAC E&OE