Canada’s July Inflation Drop: What It Means for Homebuyers and Mortgage Rates
Posted by: Ash Khan
Canada’s latest inflation data—revealing an annual CPI of 1.7% in July—signal a pivotal shift in the economic outlook. For mortgage-seekers and Ontario homebuyers, understanding how the Bank of Canada (BoC) may act could directly affect your borrowing power. Key Highlights from the Report * The inflation rate eased from 1.9% in June to 1.7% in […]
Read More