Thinking of Selling?

With low supply and motivated buyers, sellers still have strong negotiating power. If you're thinking of moving up or downsizing, timing matters.

Thinking of Buying?

Prices are trending up, and with interest rates lower than last year, getting in sooner could be a smart move. Waiting for prices to "crash" may not pay off – Canada's housing market historically rebounds quickly.

Will Mortgage Rates Rise or Fall in 2025?

The Bank of Canada has already cut interest rates 7 times since mid-2024. And many analysts expect 1–2 more cuts by the end of 2025. Right now, average mortgage rates are:

• • Mid-4% for many fixed products
• • Even lower for certain variable options

But this could change depending on:

• • Government spending and fiscal policy
• • Tariffs and inflation
• • Global economic shifts

👉 Bottom line: If you're waiting for "the perfect rate," you're looking at it wrong. You should act when you can afford to (and when you have a plan in place). We haven't had rates like this since 2022.

What You Should Do Right Now Based on Your Situation

Here's what you should be thinking about depending on your goals:

If You're Buying

• • Get pre-approved before you go house hunting
• • Consider your 5- and 10-year goals
• • Focus on monthly affordability, not just the sticker price

If You're Refinancing

• • If you locked in during 2022 or 2023, you're likely overpaying
• • Use your equity to consolidate high-interest debt
• • Free up monthly cash flow as economic pressures continue

If Your Renewal Is Coming Up

• • Don't accept your lender's first offer
• • Shop around (or better yet, let a mortgage broker do it for you)
• • This is a big chance to save money – plan ahead

If You're Selling

• • Take advantage of buyer momentum
• • A strategic listing (with proper advice) can increase your sale price
• • Know your buying power before selling if you plan to move

Is It a Good Time to Buy a Home in 2025?

Let's be honest: there's no such thing as a perfect time to buy. But history shows that people who buy with a plan tend to:

• • Build equity
• • Beat future price jumps and falls
• • Gain long-term stability

Those who wait on the sidelines often miss opportunities because of fear.

Final Thoughts: Focus on What You Can Control

Election results, rate predictions, and housing headlines will continue to shift. But your mortgage strategy shouldn't be based on headlines – it should be based on your goals, timeline, and finances.

• ✅ Buying, selling, renewing, or refinancing – there's a smart move for every situation.
• ✅ Don't let fear or politics paralyze your next step.
• ✅ Talk to someone who can give you honest, personalized advice.

Ready to Make Your Move?

If you want to talk through your options (or just get clarity without pressure) I'm here to help. 📩 Reach out anytime to book a no-obligation chat.

Your goals. Your plan. Your move.