There’s a lot of talk right now about the Bank of Canada holding steady at 2.25%, but looking ahead, some of the big banks are suggesting we could see rates gradually rise again in 2027. If the economy keeps picking up steam and inflation sticks around, policymakers might feel pressure to bump rates higher. That means borrowing could get more expensive for families and businesses alike—something to think about if you’re planning a move, a renovation, or any big change in the next few years. On the flip side, higher rates can improve returns for savings and fixed-income investments, which might be good news for some. Real estate is about more than numbers, but I always keep an eye on these shifts to help my clients make clear, straightforward decisions—no surprises, just honest guidance for whatever stage of homeownership you’re in.
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