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For example, a 10-year fixed rate mortgage or a7-year fixed rate mortgage 5-year fixed rate at the end of the month 3.65%, the change for May -0.09 points
Mortgage Rates February 2025 Nita Jacquette April 2025 Canada Mortgage Rates Forecast The next Bank of Canada rate announcement will be on April 16th Following five consecutive cuts totalling 175 basis points (1.75 percentage points) of easing in 2024, the central bank is expected to take a more cautious, meeting-by-meeting approach, guided by incoming economic data. Some market predictions suggest that the rate could decrease further
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