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Bank Of Canada Announces Another Interest Rate Cut, Offering More Positive Signs For Homebuyers and Owners

Anonymous
Thursday, July 25, 2024
Bank Of Canada Announces Another Interest Rate Cut, Offering More Positive Signs For Homebuyers and Owners

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In a move widely anticipated by financial experts, the Bank of Canada reduced its overnight policy rate by another 25 basis points, bringing the rate to 4.5%. The second straight rate cut is a positive signal for both homeowners and prospective buyers – but what does it really mean for you?


 

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