Mortgage Rate Forecast - September 2025

by Florencio Jr Mende

Highlights:

  • Canadian mortgage rates have remained steady amidst a volatile bond market, but are expected to fall over the next three months.

  • Economic slowdown is being driven by lower exports and business investment due to tariffs.

  • The Bank of Canada cut its key interest rate for the first time since March, and we expect an additional rate cut this fall.

 

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