BOC

Interest Rates Continue to Decrease in 2024, Down to 4.5% as of July 24th

Interest Rates Continue to Decrease in 2024, Down to 4.5% as of July 24th

Great News for Home Purchasers: Bank of Canada Plans More Rate Announcements As of July 24th, 2024, the Bank of Canada has announced a continued decrease in interest rates, bringing them down to 4.5%. This development is particularly exciting for prospective homebuyers, as lower interest rates mean more affordable mortgages and greater purchasing power in the real estate market. The Bank of Canada...

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