How Low Will Canadian Interest Rates Go in 2025 - What to Expect

[@quixomega]

I don't think there is any way to prevent Canada from entering a recession. I think the Bank of Canada will just end up tanking the Canadian dollar if they do any significant rate cuts (some would argue that they have already done this). Unless the Americans cut deeply of course.

[@navnishbhardwaj3436]

Bunch of 🤡 s running everything to the ground

[@PrimePropertiesTO]

It looks like that's the plan right now.

[@ather1276]

Agreed. I am assuming trump comes in and cuts rates for the US and that gives room for Canadian economy to pump

[@thompsongl]

@@ather1276 ...the Canadian economy is going to pump ? 🤔

[@heeraharoldramnarine171]

If you listen to him and lose money. reserve your rights to sue him. Another realtor telling people to buy buy buy. Don't listen to him. Do your own due diligence

[@royanroyer790]

The RBC cheif assistant said in an interview It'll decrease by 2% in march of 2025 and now probably by july too?

[@PrimePropertiesTO]

I think it just depends on how they measure "Q2"

[@ivannightly1919]

there are also people saying they will raise them. and who want to buy a house where you may never pay it off my kids are looking a 1.3 million dollar homes that's insane

[@PrimePropertiesTO]

Question the value of the dollar. Not the currency the house is denominated in

[@nesa055]

Hi Thanks for the content. Your recommendation for August 2026 mortgage renewal, what do you forecast the rate to be for fixed, variable and what term to lock in. Thanks in advance!

[@PrimePropertiesTO]

Youre welcome. Too hard to know right now. Email me 60 days before your renewal.

[@reds1122]

when is the next announcement? june 29?

[@PrimePropertiesTO]

Jan 29

[@MapleCanada-w6g]

Real estate agent thinks BOC going to cut deep to 2%. 😂 of course

[@ryancouture2508]

He’s repeating what the bank has said publicly.

[@hellohi3778]

BoC has done two emergency cuts in a row. They only do that in major recessions. That means, more rate cuts will be coming for the next 1-2yrs. They've done the same thing in all recessions. If you were smart you'd check the historical data and see for yourself.

[@afzalshaikh2128]

I agree with him

[@peej91]

3 percent is the new 2 !

[@PrimePropertiesTO]

This is the sad part because debt to GDP is too high.

[@niketamin2917]

Canada is not into a recession already? Don't let the manipulated numbers (about inflation, unemployment etc.) fool you.

[@Relaxlifeisshort2]

What re you talkimg bout you need to do some number checkimg we have ben in. Recession for the past 10 months

[@heeraharoldramnarine171]

Ha ha ha. You must be a realtor. 😅

[@Relaxlifeisshort2]

@@heeraharoldramnarine171 no i am not i am person who has been purchased many properties over. the years and in the 80s aswell when it was bad . and if i sold them all because the market was bad I would be a renter like you. Good thing i kept them. People dont know what and how to buy. Fear ho old all back

[@reds1122]

@@Relaxlifeisshort2 canada is always in recession,

[@JustShaneB]

Guess you missed the latest conversation that the BOC may hold?? Possibly no rate cut this next round.

[@joshuaalay2295]

Read the economic room bud, these rate cuts would lead Canada to a depression.

[@TakaluKevin]

Canadian rates are joined at the hip with US Fed rates. At this time, Canadian dollar is tanking cause of 50 points difference with US. If Canada increases this difference more, rest assured Canadian dollar will be in the sewer. So all his predications are biased towards pumping his business fit for dustbin.

[@vijju-j8u]

If he is a sales agent, don't trust this guy.

[@goldentiger1841]

This lowering of interest rates is a temporary retraction from the first wave on interest rate hikes. The second wave will probably be underway later this year, and has history has shown the second wave is much more severe. So the question is how high will they go as we move forward ?

[@bronzeanzac1322]

I like higher interest rates.

[@PrimePropertiesTO]

I do too. Money doesnt have to be allocated to riskier assets to outrun the hurdle rate.

[@kurtnewman8942]

Buy now. I need a new car. Don't care if you loose 20 % in the first year😅

[@PrimePropertiesTO]

Doesn't a car lose 20% in the first year? Lol

[@jessee1338]

Your out to lunch.