Mortgage Rate Trends 2024 Graph. Expect prime rate at 6.2% by the end of 2024 and 5.45% by the end of 2025. — mortgage rates are now past their recent peak.
— the bank of canada projects economic growth to pick up in the second half of the year and strengthen through 2025 and 2026 as lower rates give households and. — 4:36 bank of canada cuts interest rate to 4.25%.