Bank of Canada reduces policy rate by 25 basis points to 4.50%
Here are the Key Points from Bank of Canada with Todays Rate Cut: Full article from Bank of Canada @ https://www.bankofcanada.ca/2024/07/fad-press-release-2024-07-24/
BCREA ECONOMICS MORTGAGE RATE FORECAST JUNE – 2024
JUNE 2024 HIGHLIGHTS FROM BCREA BC Despite the Bank of Canada lowering its policy rate, fixed mortgage rates may not drop significantly as markets have already priced in the expected rate cuts. Canada faces a weak economic outlook and a softening labour market, but growth is expected to pick-up in 2025. After the Bank’s rate…Read More→