Found 1 blog entry tagged as Bank of Canada rate cuts.

Why Interest Rates Matter for Buyers and Sellers

Interest rates directly affect mortgage affordability. Every 0.25% cut in the Bank of Canada’s policy rate can reduce monthly mortgage payments, making it easier for buyers to qualify and increasing overall demand. For sellers, lower rates often bring more showings, quicker sales, and stronger offers.

In Calgary’s 2025 market, affordability remains top of mind. With borrowing costs trending downward, buyers and sellers alike should understand how rate changes translate into real-world opportunities.

How a 0.25% Rate Cut Affects Your Monthly Payment

Let’s break down an example:

  • Mortgage Amount: $500,000

  • Amortization: 25 years

  • At 5.50%: Monthly payment ≈ $3,045

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