... “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
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
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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
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