
Mortgages
Rate cuts aren't bringing relief
Despite interest rates trending downward and home prices slipping in some cities, the dream of homeownership in Canada remains elusive for many.
For would-be buyers watching the Bank of Canada ease its key interest rate in recent months, bringing it to 3.25% in early 2025, there was hope that a long-awaited window of opportunity might finally be opening. But for most, the math still doesn’t add up.