Lower Interest Rates May Fuel Competition
The Bank of Canada has lowered its interest rate, which can impact the real estate market. This may increase purchasing power for buyers and make pre-approvals easier. It can also fuel the market making it more competitive as more buyers enter the market.
Make sure to talk to us so that we can hook you up with a great lender to discuss what this means for you and strategize on how you can win in this market as a buyer.
DM us to talk more about this market!