Team Gold Real Estate

Wishing you a Canada Day filled with good company and easy moments!

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The Bank of Canada has kept its key interest rate unchanged for the fifth time in a row.
For the real estate market, stability matters. A steady rate environment doesn’t solve every affordability challenge, but it can help buyers and sellers make decisions with a little more clarity.

The next scheduled rate announcement is July 15.

If a move is on your mind, we’d be happy to help you look at your options.

Mortgage porting can be a useful option if you’re moving before your current mortgage term is up, but it’s also one of those topics where the details really matter. This is a good plain-language overview of how it works and what to ask before making any decisions.

https://www.realtor.ca/blog/explaining-mortgage-porting-and-how-it-works/37986/1361