2024 Mortgage Interest Rate Forecast Canada. Dawn desjardins, senior economist at deloitte canada, talks with financial post’s larysa harapyn about what. But with inflation showing signs of cooling, there’s a potential shift on the horizon.

The bank of canada (boc) announced on july 24, 2024 that it would be cutting its overnight lending rate to 4.5%, following a similar.25% cut in june. The bank of canada will not increase rates further and will cut rates by 50 to 100 basis points in the second half of.