However, more than half of Canadians (53 per cent) are not preparing for those scenarios by stress-testing their mortgages to ensure they can afford their financial commitment over the long term. Over half of buyers based in Ontario and British Columbia will stress test their mortgages (53 per cent and …
The post BMO Spring Housing Report: Amid Rising Rates, More than Half of <b>Canadians</b> Don’t Plan to Stress … appeared first on Consumer-Mortgage.
source http://consumer-mortgage.com/bmo-spring-housing-report-amid-rising-rates-more-than-half-of-canadians-dont-plan-to-stress/
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