Deloitte Dawn Desjardins, chief economist at Deloitte Canada, talks with Financial Post's Larysa Harapyn about Canada’s economic forecast and how interest rates will fall to 2.75% by mid-2025. After ...
As of October 1, the average annual percentage rate (APR) for a 30-year fixed mortgage is 6.71%. This is down from 6.87% the month prior and higher than the 5.8% rate we saw at the end of 2022.