2024 Mortgage Interest Rates Forecast Canada. The bank of canada (boc) has been raising interest rates to. (updated october 2024) the mortgage rate forecast for canada is for rate decreases to continue this year.
Find the latest canadian mortgage rate trends and forecasts for 2024 and 2025. Forecasts from most of the big 6 banks see the overnight target rate falling back to at least 4.00% by the end of 2024 from its current rate of 5.00%.