Buy MORE in 24 Lower Interest Rates What It Means for HOMEBUYERS











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The Bank of Canada has made multiple rate cuts in 2024, with the most recent being a 0.5% reduction. But what do these rate changes mean for you as a potential homebuyer? I’m Lisa Salt with RE/MAX Vernon Salt Fowler, and in today’s video, we’re breaking down how lower interest rates can impact your buying power, reduce monthly payments, and help you afford more home for your money. • Key Points Covered: • • 2024 rate cuts timeline: June, July, September, and October • • How much you save on mortgage payments with each rate cut • • The impact on your mortgage affordability for both variable and fixed-rate loans • • How increased purchasing power can help you buy a larger or better-located home • • What to expect for the next rate review on December 11th and January 20th • Why This Matters for Buyers: • As rates decrease, borrowing becomes more affordable, which can increase demand in the housing market. This video will help you understand when it might be the right time to buy, so you don’t miss out on the benefits of these lower rates. • Watch Next: Buy Low! Mastering the Real Estate Market (   • BUY LOW!  Mastering the Real Estate M...  ) – Discover why savvy investors make moves when the market is in the “safe zone” for both prices and interest rates. • Don’t miss this opportunity to get ahead in the 2024 real estate market! Hit Subscribe for more real estate insights and expert advice. • Thinking of living in the Okanagan? Here we talk about everything Vernon/Okanagan, our 4 seasons paradise! Whether you're moving in 9 days or 90 days or just curious about the area we call home, Contact Us and Just Add Salt! 👇👇👇 • 📞 Call or 📱Text: 250- 549-SALT (7258) ~ or ~ 💻 Email: [email protected] • Visit our website at www.SaltFowler.com • 🔔 Subscribe for more great Vernon BC real estate info: https://www.youtube.com/saltfowler?su... View all the newest Vernon BC Real Estate listings here: https://saltfowler.com/new-vernon-rea... • Enjoying this video? Be sure to L I K E and S H A R E the love. ❤ • Brought to you by RE/MAX Vernon Salt Fowler • Call: 250- 549-SALT (7258) ~ Text: 250-309-9586 ~ Email [email protected] • www.SaltFowler.com • I’m a full time Realtor® born and raised in Vernon BC, working with a group of professionals that love selling real estate of all sizes. RE/MAX Vernon Salt Fowler is a vibrant, technologically savvy group of top Okanagan Realtors revolutionizing the Vernon real estate business through advanced online marketing presence since 1993. We offer the full range of real estate services for the areas of Vernon, Coldstream, Lumby, Armstrong, Enderby, Falkland and Lake Country. If you're buying and wish to view Greater Vernon MLS listings or selling and would like to know your North Okanagan house value, be sure to give us a shout and Just Add Salt”! • Ever heard of virtual reality house hunting? Visit our site to learn how we can help you find your next home with contactless showings! www.SaltFowler.com • Vernon Relocation Package Sign Up: https://vernonrelocation.com/​ • Vernon Area Info: https://saltfowler.com/area-info.html​ • Moving from Alberta to BC? 6 Things Any Albertan needs to know about buying in Vernon:    • MOVING from Alberta to BC?  6 Things ...  ​ • B L O G ➳ https://saltfowler.com/blog.html​ • F A C E B O O K ➳   / vernonrealestate   • I N S T A G R A M ➳   / salt.fowler   • R A N K M Y A G E N T R E V I E W S ➳ https://rankmyagent.com/saltfowler-team • We are so grateful for all you subscribers so thanks for watching our videos! If you want to talk to us about Vernon real estate feel free to call or text us at 250-549-SALT (7258), or email us at [email protected].

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