December 2024 Bank of Canada Rate Announcement - Another half percentage point rate cut!

Описание к видео December 2024 Bank of Canada Rate Announcement - Another half percentage point rate cut!

Ratehub.ca’s The Mortgage Minute: The Bank of Canada reduced the target interest rate by 50 basis points to 3.25 per cent in its December 11, 2024 announcement. What does this mean for you? In this video, mortgage expert Penelope Graham discusses:

0:00 Announcement highlights
0:57 Impact on mortgage rates
1:33 Impact on home prices
1:45 Key takeaways

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The content provided in this video is for information only; it is not meant to be relied on or used in lieu of advice from a professional.

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