There’s growing talk about where Canada’s interest rates are headed, and as someone who’s navigated the real estate market in the Fraser Valley and Greater Vancouver for over 15 years, I pay close attention to these shifts. Right now, the Bank of Canada is holding steady at 2.25%, but major banks are starting to forecast gradual increases in 2027. If economic growth picks up and inflation sticks around, policymakers may have even more reason to normalize rates. For homeowners, buyers, and investors, this means borrowing could become more expensive—but there may also be a silver lining for those with savings or fixed-income investments. As always, it’s about finding the right balance and preparing for changing conditions. Understanding these trends can help you make informed decisions, whether you’re looking to buy, sell, or invest.
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