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After aggressively hiking interest rates to curb inflation, the Bank of Canada finally started its rate-cutting streak in June 2024. The central bank has made seven consecutive rate cuts since then, bringing the policy rate down from 5% to 2.75%. In an ideal, trade-war-free world, these rate cuts and new mortgage reforms would have been more than enough to convince potential buyers to get off the sidelines. However, the trade war uncertainty has instead caused buyers to remain on the sidelines, …
続きを読む>>Should You Buy a House in Brampton Now or Wait for More Rate Cuts?
