The average Canadian peak millennial’s purchasing power dropped by approximately 16.5% ($40,103) after the introduction of the OSFI stress test … While peak millennials are largely able to afford their monthly mortgage expenses, coming up with an adequate down payment often proves to be the …
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source http://consumer-mortgage.com/from-a-studio-apartment-to-a-large-detached-home-what-the-average-peak-millennial-can-afford/
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