The Bank of Canada made headlines once again by cutting its benchmark interest rate for the third consecutive time this year, bringing it down to 4.25%. While the Bank has signaled the possibility of further cuts, it has also emphasized the need to guard against inflation falling too far below its target of 2%. As we look ahead, it’s essential to understand what this means for home Buyers, the housing market, and the broader economy. A Closer Look at the Rate Cuts The most... [read more]