Mortgage Rate 2024

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Mortgage Rate 2024. House price predictions 2024 and 2025. 2024 is an important one for the housing market, with mortgage rates playing a key role in the real estate landscape.


Mortgage Rate 2024

The bank of canada today reduced its target for the overnight rate to 4½%, with the bank rate at 4¾% and the deposit rate at 4½%. The proportion extremely at risk — 20 per cent — is the highest since the last rate rise cycle, when the cash rate peaked at 4.75 per cent over late 2010 and through most of 2011.

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