RBC says that’s because the Canadian economy continues to trend upwards, reducing the “need for policy stimulus.” According … “The average household was carrying a mortgage of $124,000 in 2016, up from $96,000 in 2010.” … A graph showing mortgages with terms of two years or less in Canada.
The post Interest rate hikes to hit Alberta harder than elsewhere: RBC appeared first on Consumer-Mortgage.
source http://consumer-mortgage.com/interest-rate-hikes-to-hit-alberta-harder-than-elsewhere-rbc/
No comments:
Post a Comment