Category: Blogs,Mortgage Tips & Advice

What Inflation, Rates and Home Prices Mean For YOU 

The market is shifting—but your strategy matters more than timing.

We’re halfway through 2025, and there’s a lot of noise out there about interest rates, inflation, and whether home prices are going up or down. Let’s simplify what matters to you:

What’s happening right now?

• Fixed rates have started to ease, with many lenders now offering 5-year fixed terms in the mid-4% range.
• Variable/Adjustable rates remain unchanged, as the Bank of Canada held its overnight rate at 2.75% in June. While today’s inflation numbers are at 1.7% which is technically below target, however, core inflation is around 3.0% which is still too high—pushing market expectations for a July rate cut down to less than 50% probability…but things can change.
• Inflation is easing but still sticky in key areas like housing. The Bank is watching closely before making its next move.
• Home prices have softened slightly in some regions, giving buyers more leverage and creating a slower pace in the market overall.

What does this mean for you?

• If you’re house hunting: More listings and slower price growth mean you may have more room to negotiate—but your mortgage strategy still matters. It’s important to connect and find the solution that works best for your particular situation.
• If you’re renewing soon: Payment shock is real. Start your planning now so you’re not scrambling at maturity. Early advice can save you thousands.
• If you already have a mortgage: It might be time to revisit your strategy. Whether it’s accessing equity, consolidating debt, or switching lenders, proactive steps now can help you later.

What you should do next:

• Book a mortgage check-in if your renewal is coming up in the next 12 months.
• Explore your options if you’re planning to buy later this year—it’s smart to get a pre-approval and rate hold while you search.
• Ask questions—not Google or ChatGPT. Some decisions need a real person. This is one of them.

Let’s make sure your mortgage still fits your life.
I’m here to help you navigate what’s next—whether it’s renewal, refinancing, or buying

Book your free mortgage renewal review here:
👉 askanacruz.ca/book-a-call

📞 Let’s review your mortgage solutions—it just makes “cents”!

Talk soon,

Ana

Mortgages can be complicated; we are here to help you make “cents” of it.

We focus on Mortgage Solutions, Period!

To learn more connect with Ana Cruz 905.870.0513 or email at ana@askanacruz.ca