Projected Mortgage Rates 2024 Canada

Projected Mortgage Rates 2024 Canada. This week’s federal reserve meeting could be the last one before a rate cut. According to bank of canada projections, rates won't start to decline until early 2024 when inflation has subsided sufficiently.

What will mortgage rates be in canada in 2024? The bank of canada’s benchmark interest rate is expected to fall back to around 3.00% by the end of 2024, according to a median of responses from market.