This is what Fed rate cut means for your home loan
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While economists predicted that inflation will be drifting higher in the second half of the year, the inflation rate actually decreased.
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Bank of Canada cuts rate to 2.50% — what this means for your mortgage and housing costs
Canadians hoping for more relief on borrowing costs finally got their wish as the Bank of Canada announced a rate drop on its target rate on September 17, 2025. The BoC dropped its overnight rate by 0.