... “This positive trend reflects a shift toward more balanced conditions within our housing market and a renewed confidence among buyers.”
Moura commented, “The interest rate cuts are certainly beneficial for those with variable mortgages and encouraging news for homeowners facing mortgage renewals. However, I believe many prospective home buyers may continue to wait for more significant reductions before making a move, especially with the anticipated mortgage reforms that come into effect on December 15, 2024.”
Read the full article here:
https://wrar.ca/home-sales-in-the-waterloo-region-increased-in-october/
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... “This positive trend reflects a shift toward more balanced conditions within our housing market and a renewed confidence among buyers.”Moura commented, “The interest rate cuts are certainly beneficial for those with variable mor
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NEWS UPDATE Today's Bank of Canada 50 base points drop came as no surprise.The effect is causing some mixed reactions from industry experts:Today’s 50 bp cut alone is unlikely to boost economic growth, writes writes TD senior economist James Or
... “This positive trend reflects a shift toward more balanced conditions within our housing market and a renewed confidence among buyers.”Moura commented, “The interest rate cuts are certainly beneficial for those with variable mor