Mortgage Rate Forecast (September 2024)

To view the full interactive BCREA Mortgage Rate Forecast, click here.

Download the full report (PDF)

Highlights:

  • Canadian bond yields falling as markets expect deep rate cuts by US Federal Reserve and the Bank of Canada.

  • Economic growth slowed through the summer but will lower rates stimulate a second half recovery?

  • The Bank of Canada is on a glide path to a 2.75 per cent policy rate.

For more information, please contact: Gino Pezzani.

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