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2020 Mortgage Rate Forecast

Click here to view the December 2020 Mortgage Rate Forecast.

Highlights:

  • Bank of Canada actions have pushed mortgage rates to record lows
  • Canadian economy bounced back in the third quarter, but the second wave looms
  • Bank of Canada on hold, but when will quantitative easing end?

For more information, please contact: 

Brendon Ogmundson
Chief Economist
604.742.2796
bogmundson@bcrea.bc.ca

Kellie Fong
Economist
778.357.0831
kfong@bcrea.bc.ca

Mortgage Rate Forecast is published quarterly by the British Columbia Real Estate Association. Real estate boards, real estate associations and REALTORS® may reprint this content, provided that credit is given to BCREA by including the following statement: “Copyright British Columbia Real Estate Association. Reprinted with permission.” BCREA makes no guarantees as to the accuracy or completeness of this information.

Additional economics information is available here on BCREA’s website.

 

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