Mortgage Basics

Sep 4, 2024 - 16 mins

Mortgage Rates Forecast Canada 2024-2029

The Bank of Canada’s (BoC) most recent announcement was to hold rate. The impact of rate increases can take up to a year before they begin to impact the whole economy. Even with all the crushing blows by surging interest rates that central bankers on both sides of the border have thrown at it, the economy has continued its relentless overflow of inflation and employment.

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