Will Mortgage Rates Go Down In 2024 Ontario. Both fixed and variable mortgage rates have been higher than any other time in recent memory, leading many new home buyers and existing mortgage holders to. But forecasters differ on what those growth rates could look like.
The average ontario home price for the month of august 2024 was $817,915, down 2.4% from last month’s price of $837,685 in july 2024. Based on current projections, it is highly unlikely that interest rates will go down anytime soon.
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