Another Bank of Canada interest rate cut should help B.C. home affordability: experts


The central bank cut its overnight lending rate by a half a percentage point, to 3.25 per cent, the fifth such decrease this yearPublished Dec 11, 2024  •  Last updated 11 minutes ago  •  3 minute read Join the conversation Continued rate cuts will increase housing affordability with an expected net benefit from reduced mortgage payments even as home prices are likely to rise with increased demand. Photo by NICK PROCAYLO /PNG The latest Bank of Canada interest rate cut to 3.25 per cent...

Another Bank of Canada interest rate cut should help B.C. home affordability: experts

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Austin Butler Will Star In The New ‘American Psycho’ Movie — And Fans Are Deeply Divided

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