big bank forecasts Archives - Mortgage Rates & Mortgage Broker News in Canada

Scotiabank now sees three Bank of Canada rate cuts in 2026

April 29, 2025 1 Comment

Scotiabank has revised its interest rate forecast, now predicting the Bank of Canada will deliver three cuts in 2026 as the global economy feels the strain of escalating U.S. trade policies.

Bank of Canada rate hikes in 2026? National Bank thinks so.

January 14, 2025 1 Comment

Just when Canadians thought Bank of Canada rate hikes were behind us, one major bank is now forecasting their return as early as next year.

U.S. Fed minutes signal cautious approach to rate cuts, January pause likely

January 8, 2025 No Comments

The Federal Open Market Committee’s (FOMC) latest minutes from its December 17-18 meeting reveal a more cautious approach to rate cuts, reinforcing expectations that the central bank will pause its rate cuts in January.

Housing and interest rate forecasts for 2025

December 30, 2024 1 Comment

As we reflect on 2024, it was a year of resilience and adjustment for Canada’s housing and mortgage market, marked by the Bank of Canada’s pivot to rate cuts after two years of relentless hikes, offering long-awaited relief to borrowers.

Bank of Canada cuts rates another 50 bps, bringing more relief to some borrowers

December 11, 2024 No Comments

The Bank of Canada has cut its policy rate by another 50 basis points today, bringing it down to 3.25%. This marks the fifth consecutive rate cut this year.

Bank of Canada policy rate forecast 1.75 percent

Why one analyst thinks the Bank of Canada will be forced to cut its policy rate to 1.75%

November 25, 2024 No Comments

The Bank of Canada may be forced to continue lowering its policy rate more than markets are currently anticipating, with this easing cycle stretching into the second half of 2025.

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