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Interest Rates

Fluctuating mortgage and bond interest rates affect home building and all other types of construction.

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U.S. Federal Reserve Board Federal Funds Rate

The U.S. Federal Reserve Board federal funds rate, as of August 2021, is between 0.00% and 0.25%.

The last data point is August 2021.

Data source: U.S. Federal Reserve Board/Chart: ConstructConnect — CanaData.

Bank of Canada Target Overnight Rate

The Bank of Canada Target Overnight Interest Rate as of August 2021 is 0.25%.

The latest data point is August 2021.

Data source: Bank of Canada/Chart: ConstructConnect — CanaData.