“This announcement will provide some relief in payments for those with a a variable rate mortgage, an upcoming mortgage renewal, or a line of credit. But more so, it's an indication that should help boost buyer confidence.

Now is a great time to buy, before housing prices increase making any potential interest rate savings negligible or worse. One thing about real estate is you never lose your asset, and historically Kelowna real estate has always been an excellent investment.” - Darcy Nyrose - Nyrose & Associates - RE/MAX Kelowna