Rakesh Devani - Realtor

Rakesh Devani - Realtor Real Estate Salesperson

09/29/2026
The Bank of Canada has held the overnight rate at 2.25% today, September 2, 2026. This is the seventh consecutive decisi...
09/02/2026

The Bank of Canada has held the overnight rate at 2.25% today, September 2, 2026. This is the seventh consecutive decision with no change.

Stability is good for buyers.

Buyers who have been waiting for rates to fall substantially may now start realizing that waiting indefinitely could mean missing opportunities. A stable 2.25% Bank rate gives the market more predictability.

Mortgage rates are the bigger story.

The Bank of Canada controls the overnight rate, but fixed mortgage rates are heavily influenced by bond yields. So today’s hold does not automatically mean fixed mortgage rates will fall. In fact, Canadian bond yields have recently been elevated.

Here looks like market expecting a gradual real-estate recovery rather than a sudden boom.

The economy grew at a 3.3% annualized pace in Q2, which gives the Bank less reason to cut aggressively. At the same time, inflation has reached about 3%, the top of the Bank’s target range, which limits its ability to stimulate the economy through cuts.

Rakesh Devani - Realtor , HomeLife Miracle Realty Ltd , 📞 (204) 963-2681

🚨 BRAND NEW LEGAL 2-BEDROOM BASEMENT FOR RENT IN KITCHENER🚨📍 Location: 97 Rushbrook Dr, Kitchener, ON (N2E 3C8)📅 Availab...
09/01/2026

🚨 BRAND NEW LEGAL 2-BEDROOM BASEMENT FOR RENT IN KITCHENER🚨

📍 Location: 97 Rushbrook Dr, Kitchener, ON (N2E 3C8)

📅 Availability: Ready for Move-In

💰 Rent: $1,700 / month + shared utilities

👨‍👩‍👧 Preference: Looking for a Gujarati family

✨ KEY FEATURES & HIGHLIGHTS

* 🚪 Private Entrance: Separate entrance with built-in overhead canopy

* 🛏️ 2 Large Bedrooms: Bright, spacious, and modern room sizes

* 🍽️ Living & Dining: Generous separate living room and dedicated dining area

* 🍳 Modern Kitchen: Fully equipped with all brand-new appliances, including a full-size refrigerator

* 🧺 In-Suite Laundry: Brand-new washer and dryer included

* 🛡️ Built to Code: Legal basement unit featuring soundproof ceiling insulation and integrated fire safety alarms

* 🚗 Parking: On-site parking space available on a brand-new driveway

📩 INTERESTED?

Please send a direct message with a brief introduction including:

* Number of occupants

* Employment details

* Preferred move-in date

07/01/2026

#2026

Address

341 Sheldon Drive Unit # 3
Winnipeg, MB
R2H0T7

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