Could mortgage rates change on October 28? Here's what you should know!
The Bank of Canada’s next interest rate announcement is coming up on October 28, and many homebuyers and homeowners are watching closely.
While a rate increase is possible, nothing is guaranteed. And did you know that fixed and variable mortgage rates don't always move in the same way?
💗 If you're thinking about buying a home:
Getting pre-approved and understanding your budget can help you feel more prepared as you explore your options.
💗 If you already own a home:
Whether you have a fixed or variable mortgage, it’s worth understanding how rate changes could affect you and what options may be available.
💗 If your renewal is coming up:
Don't assume your first offer is your only option! Let's look at what makes sense for your situation.
Every mortgage and every financial situation is different, so there's no one-size-fits-all answer. My goal is to help you understand your options and feel confident about your next step. 😊
Have questions about how changing rates could affect you? Let's chat!
📞 (705) 500-0960
🌐 DMAMortgages.ca
📲 @dmamortgages
Daniella Marie Armitage
Mortgage Agent Level 1
Mortgage Architects – A Better Way | Brokerage #13660
