Bank of Canada Announcement - June 4th, 2025
Posted by Ryan Lefebvre on
June 4 Interest Rate Announcement – What It Means for Canmore Real Estate
Bank of Canada Holds Interest Rate at 2.75%: What This Means for Canmore Buyers and Sellers
Today, June 4, 2025, the Bank of Canada announced it will maintain its key overnight lending rate at 2.75%. This decision reflects current economic conditions including slower inflation and cautious optimism about the future.
What This Means for Canmore Buyers
- Stable Borrowing Costs: With the rate holding steady, mortgage rates are expected to remain stable, helping you plan with more certainty.
- Future Rate Cuts Possible: The Bank has suggested that if inflation continues to trend downward, we may see rate cuts in the coming months—meaning more affordability for buyers. …
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