Mortgage Interest Rates Forecast 2024 Canada. As for the mortgage rate forecast, as of now, the variable rate is expected to gradually fall from 6.6% in the first quarter of 2024 to 6.45% in the second quarter of 2024. 4:36 bank of canada cuts interest rate to 4.25%.
Bank of canada governor tiff macklem participates in a news conference on the bank’s interest rate announcement, in ottawa, on wednesday, sept. Shop for your best rate — and consider a variable one.