Canada Mortgage Rates Forecast 2024. On june 5, the bank of canada announced the first rate cut of the year, lowering their target lending rate from 5.0% to 4.75%. The bank of canada (boc) has been raising interest rates to.
Shop for your best rate โ and consider a variable one. We believe that the bank of canada will cut rates in 2024 but not by an amount significant enough to meaningfully.
