Mortgage Rates Going Down 2024 Canada

Mortgage Rates Going Down 2024 Canada. Mortgage rates have finally settled into a downward groove—at least for now. Expectations for the benchmark rate at the end of 2024 range from a low 2.50% to 3.50%.


Mortgage Rates Going Down 2024 Canada

In its most recent rate announcement on july 24, 2024, the bank of canada (boc) cut its key interest rate by another 25 basis points to 4.50%, its second. Mortgage rates have finally settled into a downward groove—at least for now.

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