{"id":776,"date":"2025-12-06T09:01:43","date_gmt":"2025-12-06T14:01:43","guid":{"rendered":"https:\/\/www.realestategtatoday.ca\/index.php\/2025\/12\/06\/boc-rate-hold-likely-what-it-means-for-gta-mortgages\/"},"modified":"2025-12-06T09:01:43","modified_gmt":"2025-12-06T14:01:43","slug":"boc-rate-hold-likely-what-it-means-for-gta-mortgages","status":"publish","type":"post","link":"https:\/\/www.realestategtatoday.ca\/index.php\/2025\/12\/06\/boc-rate-hold-likely-what-it-means-for-gta-mortgages\/","title":{"rendered":"BoC Rate Hold Likely: What it Means for GTA Mortgages"},"content":{"rendered":"<p>Good news for GTA homeowners and prospective buyers! Recent strong employment numbers in Canada suggest the Bank of Canada is likely to hold its key interest rate at 2.25% in December. November saw a surprising addition of 54,000 jobs, driving the unemployment rate down to 6.5%, the lowest since mid-2024. While youth and part-time employment led the gains, sectors like healthcare and social assistance experienced significant growth. Wage growth remains moderate, a key factor for the Bank of Canada. For GTA mortgage professionals and their clients, this likely signals a period of rate stability, shifting focus to renewal strategies in a restrictive environment. For a deeper dive into the national perspective and expert analysis, check out the original article on mpamag.com. <\/p>\n<p><em>Read the original story here: <a href=\"https:\/\/www.mpamag.com\/ca\/news\/general\/jobs-surprise-likely-confirms-a-boc-rate-hold-in-december\/559168\" target=\"_blank\" rel=\"noopener\">https:\/\/www.mpamag.com\/ca\/news\/general\/jobs-surprise-likely-confirms-a-boc-rate-hold-in-december\/559168<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Strong job numbers point to a Bank of Canada rate hold, offering stability for GTA mortgage holders. Focus shifts to renewals amid trade uncertainty. Read more!<\/p>\n","protected":false},"author":2,"featured_media":775,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[178,206],"tags":[260,182,215,213,212,207],"class_list":["post-776","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-data","category-residential","tag-bank-of-canada","tag-gta","tag-housing-market","tag-interest-rates","tag-mortgage-rates","tag-toronto"],"_links":{"self":[{"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/posts\/776","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/comments?post=776"}],"version-history":[{"count":0,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/posts\/776\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/media\/775"}],"wp:attachment":[{"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/media?parent=776"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/categories?post=776"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/tags?post=776"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}