Sandra Cross RBC Mortgage Specialist

Latest Update: On October 29, 2025, the Bank of Canada announced that it is cutting its policy rate to 2.25%

Bank of Canada Interest Rate Explained and How It Shapes Your Mortgage The Bank of Canada has cut its interest rate to 2.25%.

Wishing you a happy New Year from RBC! May 2025 be a year of joy, prosperity, and endless possibilities.

May your day be full of joy, togetherness and, thanks for cherished moments with loved ones. Wishing you a Happy Thanksgiving from RBC!