MORTGAGE RENEWAL STRATEGIES AMID BOC’S MID 2025 RATE PAUSE

As we move through 2025, mortgage holders in British Columbia and Alberta are facing a critical moment. The Bank of Canada (BoC) has held its overnight lending rate steady at 2.75% in its June 2025 announcement, signaling a mid-year pause as it evaluates inflation progress and global economic risks. While this may bring a sense of stability, it als