Canadian Mortgage Borrowers To See Payments Rise 20%: Bank of Canada

       

Canada’s real estate frenzy fallout is only just beginning, according to its central bank. The Bank of Canada (BoC) published their latest Financial System Review (FSR) today, with mortgage repayment presenting a threat to the economy. They forecast that existing borrowers will see their payments climb significantly by 2025, especially if borrowers don’t extend the […]

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