The Bank of Canada has reduced its key interest rate by 50 basis points, bringing it down to 3.75%. This move aims to support the economy amid declining inflation and steady GDP growth. For homeowners and buyers, the rate cut could mean lower mortgage rates and increased activity in the housing market.
If you’re considering buying, selling, or refinancing, this change may present new opportunities, and notary services play a crucial role in ensuring legal documents are properly executed during this process. Contact us to assist with your real estate or mortgage documentation needs.