Tag Archive: Bank of Canada

5 Things Nobody Tells You About Rising Interest Rates: What Buyers and Sellers in Ontario Need to Know

How do rising interest rates affect home buyers and sellers in Ontario? Every quarter-point increase in mortgage rates cuts a typical buyer’s purchasing power by about $10,000. Fewer qualified buyers can also put pressure on sellers’ prices. If mortgage rates go up just one percent, a buyer with a $2,000 ...

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Bank of Canada Holds Rates at 2.25% — Here’s What It Means for Buyers and Sellers in Leamington, Kingsville & the North Shore

What did the Bank of Canada decide on April 29, 2026? The Bank of Canada held its overnight policy rate steady at 2.25% — the fourth consecutive hold — signaling that mortgage rates in Canada are unlikely to move in either direction in the near term. If you’ve been watching ...

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