What Will Mortgage Rates Be In 2025 In Canada. But mortgage rates recently jumped back up. With inflation back to the bank of canada’s 2 per cent target and rate cuts expected to continue through next year, canadians should anticipate lower mortgage rates and better.
With this rate cut, mortgage variable rates are now closer to 5%, and the gap between variable and fixed rates has narrowed, with fixed rates around 4%. With inflation back to the bank of canada’s 2 per cent target and rate cuts expected to continue through next year, canadians should anticipate lower mortgage rates and better.
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