Projected Mortgage Rates 2024 Canada. The total monthly seasonally adjusted annual rate (saar) of housing starts for all areas in canada decreased 9% in june (241,672 units) compared to may (264,929), according to the canada mortgage and housing corporation (cmhc). The bank of canada has paused rate hikes for the time being, with the next announcement scheduled for march 6th.
Current interest rate forecast for 2024: The total monthly seasonally adjusted annual rate (saar) of housing starts for all areas in canada decreased 9% in june (241,672 units) compared to may (264,929), according to the canada mortgage and housing corporation (cmhc).