Will Interest Rates Go Down In 2024 Canada. Forecasters are expecting rate cuts from the bank of canada in 2024, but there are risks to the inflation outlook that could put that timeline in jeopardy. Mortgage rates are expected to decrease in 2024.

Will mortgage interest rates go down in 2024? The bank of canada today published its 2024 schedule for policy interest rate announcements and the release of the quarterly monetary policy report.