Mortgage Rates 2024 Reddit Canada. Prime is currently at 7.2%. (updated october 2024) the mortgage rate forecast for canada is for rate decreases to continue this year.


Mortgage Rates 2024 Reddit Canada

According to bank of canada projections, rates won’t start to decline until early 2024 when inflation has subsided sufficiently. Expect prime rate at 6.2% by the end of 2024 and 5.45% by the end of 2025.

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