2024 Mortgage Rates Canada. Read about the path of interest rates over the coming years and use wowa’s mortgage rate forecast to minimize your mortgage interest payment. 3 year and 5 year mortgage rates forecast in tables by day and month.

This article provides a brief summary of 2023 mortgage rates and a forecast for 2024 and beyond based on the latest data available. Mortgage rates will go down in 2024 as the bank of canada reduces its overnight rate and government bond yields.