The Bank of Canada is expected to continue its cautious path of rate cuts in 2025. While this benefits borrowers, it creates unique opportunities — and risks — for investors and savers.
🔵 How Lower Rates Affect You:
Borrowers: Lower rates mean opportunities to refinance mortgages or consolidate debt at cheaper terms.
Investors: Traditional savings accounts yield less, meaning strategic investments are crucial for maintaining returns.
Homebuyers: First-time buyers may find slightly improved affordability later this year as borrowing costs decrease.
🔵 Safavi Financial’s Advice:
Lock in favourable mortgage rates if you plan to buy or renew.
Shift part of savings from low-interest accounts into diversified investment portfolios.
Rebalance portfolios to adapt to rate-sensitive asset classes like real estate, utilities, and bonds.
🔔 Remember: Lower rates are an opportunity — but only if you plan wisely.
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