2024 Mortgage Rates Canada 2024. Mortgage affordability has been impaired by the current high rates and market participants are anxious for some rate relief. โ according to bank of canada projections, rates won't start to decline until early 2024 when inflation has subsided sufficiently.
Falling interest rates in 2024 are also expected to support a rebound in home sales and prices. Read about the path of interest rates over the coming years and use wowaโs mortgage rate forecast to minimize your mortgage interest payment.