More rate drops are needed before relief is in sight
All in Rates
More rate drops are needed before relief is in sight
Mortgage rates high, housing market cooling
Price outlook for Toronto housing is uncertain
Rates are now expected to remain higher for longer.
Cutting rates too soon could reignite the housing market, undermining progress on inflation.
Inflation & global uncertainty will likely lead Bank to hold steady
The Central Bank Signals Potential Shift Towards Future Cuts