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NEW: The Amortization Simulator now automatically updates Bank of Canada rate change dates when you change the closing date. Here's a 90-second video of how it works: link.
There hasn't been this much buzz before a U.S. policy easing cycle since 1981.
Virtually this entire year, economists have played the guessing game on when in 2024 the Fed would cut. That's led borrowers down a long road of anticipation.
Now, we're almost on the eve of it. And it's hard to overstate the significance of the Fed giving the all-clear sign for inflation—particularly the significance for Canadian mortgage rates.
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