Home Mortgage Rates 2025 Canada. (updated october 2025) the mortgage rate forecast for canada is for rate decreases to continue this year. Check out bmo’s current mortgage rates and find the one that's best for you.

As we edge closer to 2025, the focus on predicting mortgage rates in canada intensifies. It gives you a consistent interest rate for canada’s maximum mortgage amortization period (at least until august 1, 2025, when the federal government starts.