Quote:
Originally Posted by blankall
Are you sure those weren't predictions for the end of 2024?
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You're talking Bank of Canada overnight rate being 2.75% by December down 1.75 from current level? If so yes, I don't see any analyst predicting it to fall this quickly. Most that I've seen are in the 4th quarter 2025 to first quarter 2026 for when the end of this down cycle is and still have 2.5 to 2.75 is the low water mark.
For fixed rate...end of this year and start of next year is close to the same. I think the one chart figured 4.35 fixed rates in January of 2025, but it was marginal difference from like December 2024 to February 2025 of like 0.05%.