How the Rate Drop Can Benefit You as a Homebuyer in Simcoe County

Join Peggy Hill in her latest CTV segment as she discusses the latest Bank of Canada announcement. She breaks down what this rate drop means for the Simcoe County housing market, especially for those with variable rates or home lines of equity—great news for many homeowners! This marks the fifth consecutive rate drop since June 2024. Peggy also covers the upcoming mortgage rule change on December 15th, allowing first-time homebuyers to qualify for a 30-year amortization. Additionally, she explains the impact of tariffs on Ontario’s economy and what it means for the housing market. Tune in for all the details!

NEXT STEPS

Take the next step towards securing your dream home. Whether you’re a current homeowner looking to make strategic moves in this evolving market or a potential homeowner eager to navigate the path to ownership, our team is here to support you every step. Ready to explore your options and make informed decisions? Contact us via our contact page to schedule a personalized consultation with one of our experienced advisors.

Wondering about the current value of your home amidst spring housing trends? Take advantage of our free home evaluation service to gain clarity on your property’s worth in today’s market.

And for those eager to embark on the exciting journey of homeownership, our listings page awaits with a wealth of opportunities tailored to your preferences and needs. Don’t delay – let’s turn your homeownership dreams into reality together.

Stay connected! Follow us on social media for the latest updates, trends, and recent listings in Barrie’s real estate market. Don’t miss Peggy Hill’s expert insights on CTV Barrie! Watch past broadcasts on the CTV website.