AGENT LICENSE ID
Alberta
Garth Lyon
Senior Mortgage Professional
Office:
Phone:
Email:
Address:
103, 901-8 Avenue, Canmore, Alberta, T1W 1Z7
What history can tell us about soft landings and the pace of rate cuts that usually follow
2/22/2024
THINK OUTSIDE THE BOX: On average, easing cycles in Canada take place over approximately six quarters before rates return back to neutral, the report says. “In the current circumstances, that would have the Bank of Canada take rates to somewhere in the 2.5% to 3% range by late 2025, assuming the first easing is in mid-2024,” it goes on. Click here to read article
