The Bank of Canada is met this morning, and paused interest rate declines as expected with no changes made. Read the full release HERE.
While cuts are still forecasted, they may not arrive until later this year — with upcoming meetings on July 30, September 4, October 23, and December 11 left in 2025.
But here’s what many don’t realize:
Fixed mortgage rates are driven by the bond market — not the Bank of Canada — and can change at any time, without notice. There are no set dates, which means waiting too long could cost you.
If you’re:
- Planning to buy a home
- Facing a mortgage renewal
- Thinking about breaking your mortgage to consolidate debt
Reach out now — planning early could save you thousands.
Angela Calla is an 19-year award-winning woman of influence which sets her apart from the rest. Alongside her team, Angela passionately assists mortgage holders in acquiring the best possible mortgage. Through her presence on “The Mortgage Show” and through her best-selling book “The Mortgage Code“, Angela educates prospective home buyers by providing vital information on mortgages. In light of this, her success awarded her with the 2020Business Leader of the Year Award.
Angela is a frequent go-to source for media and publishers across the country. For media interviews, speaking inquiries, or personal mortgage assistance, please contact Angela at hello@countoncalla.ca or at 604-802-3983.
Click here to view the latest news on our blog.
