Bank of Canada Rate Hike: Should You Worry?

The Bank of Canada raised its rate to 2.50% on October 28, 2026. Should you worry? For a variable mortgage, it’s about $13 a month per $100,000. Fixed rates don’t change until renewal. Here’s why rates went up and what it means for Vaughan homeowners and buyers.
47 Velvet Cres East Woodbridge Detached Home

47 Velvet Crescent is a 4-bedroom detached home located on a quiet crescent in East Woodbridge, Vaughan. Offered for the first time since 1987, this well-maintained property features hardwood floors, a double garage, and a separate walk-up basement with in-law or income potential. With updated roof and mechanical systems already completed, buyers can focus on cosmetic renovations to unlock additional value. Positioned in a balanced market, this home presents a practical opportunity for families seeking space, stability, and long-term upside in one of Vaughan’s most established neighbourhoods.
Spacious 4-Bedroom Home for Rent in Arthur – 136 Raftis St

Modern, stylish, and in the heart of Vaughan. Transit City 5 is more than a condo—it’s a lifestyle move you’ll be glad you made.
Rates Are Falling! 2025 Mortgage Insights with a Canadian Expert

Modern, stylish, and in the heart of Vaughan. Transit City 5 is more than a condo—it’s a lifestyle move you’ll be glad you made.