Will Interest Rates Go Down In 2024 Canada. It has indicated it expects to be done with rate hikes, and may start to lower interest rates as soon as this year. Based on current projections, it is highly unlikely that interest rates will go down anytime soon.
As noted above, 2024 could be the year of interest rate relief. Forecast of the bank of canada policy rate, prediction of canada’s prime rate and forecast of mortgage interest rates in 2024.
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