{"id":839,"date":"2025-12-13T09:01:46","date_gmt":"2025-12-13T14:01:46","guid":{"rendered":"https:\/\/www.realestategtatoday.ca\/index.php\/2025\/12\/13\/rbc-predicts-no-boc-rate-cuts-until-2027-gta-impact\/"},"modified":"2025-12-13T09:01:46","modified_gmt":"2025-12-13T14:01:46","slug":"rbc-predicts-no-boc-rate-cuts-until-2027-gta-impact","status":"publish","type":"post","link":"https:\/\/www.realestategtatoday.ca\/index.php\/2025\/12\/13\/rbc-predicts-no-boc-rate-cuts-until-2027-gta-impact\/","title":{"rendered":"RBC Predicts No BoC Rate Cuts Until 2027: GTA Impact"},"content":{"rendered":"<p>According to a recent forecast from RBC&#8217;s economics team, GTA variable-rate mortgage holders shouldn&#8217;t expect any rate relief until 2027. Despite Canada&#8217;s economy outperforming expectations and the Bank of Canada (BoC) holding its key rate at 2.25% in December, RBC economists anticipate the next move will be a rate hike, not a cut. This aligns with projections from other economists, who foresee the BoC holding steady through 2026. The BoC previously lowered its benchmark rate by 275 basis points to 2.25% since mid-2024. While these past cuts will aid recovery, sticky inflation above the BoC\u2019s 2% target remains a concern. US economic forecasts also play a role, with RBC highlighting &#8220;stagflation lite&#8221; as a key theme. For GTA mortgage professionals and homebuyers, this suggests a period of stability followed by potential rate increases. Read the full article on mpamag.com for more details.<\/p>\n<p><em>Read the original story here: <a href=\"https:\/\/www.mpamag.com\/ca\/mortgage-industry\/industry-trends\/bocs-next-move-likely-to-be-a-hike-rbc\/560018\" target=\"_blank\" rel=\"noopener\">https:\/\/www.mpamag.com\/ca\/mortgage-industry\/industry-trends\/bocs-next-move-likely-to-be-a-hike-rbc\/560018<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>RBC forecasts no BoC rate cuts until 2027, impacting GTA variable-rate mortgage holders. Expect stability followed by a potential rate hike, influencing your real estate decisions.<\/p>\n","protected":false},"author":2,"featured_media":838,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[178,206],"tags":[260,182,213,187,355,207],"class_list":["post-839","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-data","category-residential","tag-bank-of-canada","tag-gta","tag-interest-rates","tag-mortgages","tag-rbc","tag-toronto"],"_links":{"self":[{"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/posts\/839","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/comments?post=839"}],"version-history":[{"count":0,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/posts\/839\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/media\/838"}],"wp:attachment":[{"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/media?parent=839"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/categories?post=839"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/tags?post=839"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}