RSS

Interest Rate Hold at 2.25%

Posted on by
Interest Rate Hold at 2.25%

The Bank of Canada has held the overnight rate at 2.25%,  no change since October.

What this means:
• Buyers: Stability = easier planning & confidence to move forward
• Sellers: Consistent rates help keep buyer activity strong this spring

Prime remains at 4.45%, so no change for variable mortgages or HELOCs (Home Equity Line of Credit).
Next update: June 10th

If you’ve been waiting for the right time, this steady window could be your opportunity. Let’s chat!

Rene Simpson | Realtor®
Legacy Real Estate Services
403-901-5526 |  renesimpson.realtor@gmail.com
renesimpsonrealty.ca

Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.