Will Interest Rates Rise Or Fall In 2024 Canada. Insights on boc rates, market trends, fixed/variable rates, and smart property decisions. The market consensus on the mortgage interest rate forecast in canada is split 50/50 for the central bank to cut rates by either 0.25% or 0.50% at their december 2024 meeting.

Understanding these changes can help. Canada’s economic growth is forecast to strengthen as interest rates gradually ease and both household and business confidence rise.