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Interest Rate Cut: What 2.75% Means for Canadian Homeowners and Buyers

  • The Bank of Canada’s 2.75% interest rate, a result of seven consecutive cuts, signals ongoing economic adjustments impacting the Canadian real estate market.

  • A 25 basis point cut brings Canada’s key interest rate to 2.75%, as announced by the Bank of Canada, with further cuts anticipated.

  • With the key interest rate now at 2.75%, the Bank of Canada’s continued rate cuts are reshaping the landscape of Canadian real estate.
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