The Bank of Canada has decided to hold its key interest rate at 4.5% and continue to pause its rate increases.

Good news for home buyers – in light of recent events in the financial market, we have started to see fixed rates decrease šŸ“‰

The next scheduled Bank of Canada rate announcement will take place on June 7th šŸ“…

Make sure to reach out to your Mortgage Broker to talk about your mortgage rate, and get yourself pre approved!

If you need any recommendations, I know a couple great Mortgage Brokers that would be happy to be of assistance ā˜Žļø