The census revealed that just under half a million Canadian households with mortgages spend over 50 per cent of their household incomes on shelter costs – taxes and utilities, but also mortgage payments. If households are that stressed, how will they cope when interest rates push their mortgage …
The post Where, exactly, rising interest rates may leave <b>Canadians</b> in danger of losing their homes appeared first on Consumer-Mortgage.
source http://consumer-mortgage.com/where-exactly-rising-interest-rates-may-leave-canadians-in-danger-of-losing-their-homes/
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