{"type":"video","version":"1.0","html":"<iframe src=\"https://www.loom.com/embed/fa8313e2d7464cd0a88aa30527ed00cf\" frameborder=\"0\" width=\"1728\" height=\"1296\" webkitallowfullscreen mozallowfullscreen allowfullscreen></iframe>","height":1296,"width":1728,"provider_name":"Loom","provider_url":"https://www.loom.com","thumbnail_height":1296,"thumbnail_width":1728,"thumbnail_url":"https://cdn.loom.com/sessions/thumbnails/fa8313e2d7464cd0a88aa30527ed00cf-f7d3403ef8831339.gif","duration":64.0387,"title":"October 2025 - Interest Rate Update","description":"Hi everyone, I wanted to update you on the recent decision from the Bank of Canada, which lowered interest rates by a quarter percent, bringing the overnight lending rate down to 2.25%. This change translates to a prime reference rate of 4.45% for financial institutions, resulting in variable mortgage rates now being under 4%. Fixed rates remain stable, currently in the high threes to low fours. Please keep this information in mind as you consider your mortgage options moving forward."}