More than a third of pandemic-era borrowers expecting higher mortgage rates at renewal, new report says

1 month ago 27

Rommie Analytics

The Royal Le Page survey also reveals pandemic-era homebuyers are less anxious now about mortgage renewals than they were before.

The last tranche of Canadian homeowners facing a post-pandemic mortgage renewal wave are feeling anxious about their finances taking a hit from higher payments, with more than a third expecting higher rates , according to a new report.

About 38 per cent of Canadians with a mortgage on their primary residence expect their mortgage payments t...

Read Entire Article