How Much Will Mortgage Rates Go Down In 2025 Canada. Read about the path of interest rates over the coming years and use wowa’s mortgage rate forecast to minimize your mortgage interest payment. With fluctuating interest rates, the economic impact of inflation, and the bank of canada’s evolving monetary policy, navigating the mortgage market can feel daunting.
The bank cut rates at five consecutive meetings between june and december, bringing its key overnight interest rate down from its peak of 5.00% to 3.25%—the top end of. The market consensus on the mortgage interest rate forecast in canada is for the central bank to cut rates by 0.25% at its january 2025 meeting.