Mortgage Rate 2024 Chart Canada

Mortgage Rate 2024 Chart Canada. In its most recent rate announcement on september 4, 2024, the bank of canada (boc) cut its key interest rate by another 25 basis points to 4.25%, its third consecutive rate. The current average mortgage rates in canada:

Based on their latest market participant survey, the bank of canada’s interest rate forecast also suggests we. The following table shows the predicted changes in the policy rate in 2024 from the big banks in canada.