In the Know: Town of Scarborough: What’s in store for 2025

In the Know: Town of Scarborough: What’s in store for 2025

With 2024 squarely behind us, we’re looking ahead to the projects and priorities anticipated to be a prominent part of the year ahead. Some of these efforts are a continuation of work that is already in progress, and others like the budget occur every year. The town of Scarborough encourages public participation whenever possible

Rate cuts boosted real estate activity in 2024, more expected for 2025

Falling interest rates finally arrived last June to serve as a boost to Canada’s previously struggling housing market, and more cuts are expected in 2025 to further drive activity, a new report predicts.

Buyers brace for mortgage rate challenges in 2025

Despite optimism for 2025, 42% of homebuyers see mortgage rates as a challenge, with rising prices forcing many to delay purchases amid market uncertainty. The post Buyers brace for mortgage rate challenges in 2025 first appeared on The Journal Record.

What’s in store for mortgages in 2025? - My Continuum

2024 provided some rollercoaster moments for mortgages. Rates went up and down as the economy with inflation falling from 4.0% in January to 1.7% in September and then back up to 2.3% in October. The general election saw the first budget from a Labour government in 14 years. The Bank of England cut base rate for the first time since 2020, and mortgage rates below 4% made a reappearance.  But what about 2025? Will mortgage rates go down in 2025? …