“This is going to be problematic for the 47 per cent of Canadian mortgages set to be refinanced over the coming year,” said Mr. Rosenberg, chief economist at Gluskin Sheff + Associates, also citing the impact on the housing market from what are known as the new B20 mortgage-qualification rules.
The post What’s the difference between dental surgery and renewing your <b>mortgage</b> as rates rise? (Freezing) appeared first on Consumer-Mortgage.
source http://consumer-mortgage.com/whats-the-difference-between-dental-surgery-and-renewing-your-mortgage-as-rates-rise-freezing/
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