Renewing your mortgage? What the Bank of Canada’s rate cut means for you
PositiveWorld Affairs

The recent rate cut by the Bank of Canada is significant for homeowners, especially with 60% of Canadian mortgages set for renewal in 2025 and 2026. This change could lead to lower monthly payments and more favorable terms for those looking to refinance. Understanding how this rate cut impacts your mortgage options is crucial, as it can help you save money and make informed financial decisions.
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