Market Reactions to BoC’s Rate Cut and Future Outlook | Tailored mortgage solutions to secure your dream home, start your process online with Mandeep Maan at breezeful Mortgages

Many economists anticipate smaller, 25 bps cuts moving forward, aiming to reach a neutral rate by mid-2025.
The market currently anticipates a rate reduction to around 3.19% by the end of January. The rate is expected to decrease further to approximately 3.01%and by June and July, rates are likely to stabilize near 2.75%.
By December 2025, the policy rate is expected to settle around 2.5%, aligning with BoC's long-term neutral range of 2.25% to 3.25%