🚨 Bank of Canada Cuts Rates by 0.50%! What It Means for Your Mortgage in 2025

🚨 Bank of Canada Cuts Rates by 0.50%! What It Means for Your Mortgage in 2025

The Bank of Canada just announced a 0.50% rate cut, bringing the Prime Rate to 5.45%. If you have a variable-rate mortgage or HELOC, you’ve saved about $145/month per $100K of debt since the peak!
But what about fixed-rate mortgages? They’re still holding steady—so what should homeowners do next? Watch our full breakdown for mortgage tips, market insights, and planning advice for 2025!

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