Hello Global Pacific advisors,
Just 2 more months to close out the year, let’s finish strong!
Mortgage update:
- Bank of Canada cut rates again last week = variable mortgage rate* is now lower than 3yr fixed rate!
- Up to $4,100 Cash Back for mortgage switchers or purchasers: Mortgage Offers: Check Out Our Latest Deals - BMO Canada
- Many pre-sales are completing over the next few months (see attached), do any of your clients need financing?
- Oct 16 commentary and charts below from Robert Kavcic Senior Economist and Director: Canadian Housing Monitor: September 2025
Existing Home Sales and Price Changes (%)
Local Market Conditions Breakdown
*rates subject to change without notice. Please phone for current rates.
| Attachment | Size | Type |
|---|---|---|
| Pre-Sale Completions 2025 Fall.pdf | 204.85 KB | application/pdf |