Is The Bank Of Canada Going To Raise Rates Again?
The Canadian Real Estate Investor
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The Bank of Canada's Financial System Review: Better Dwelling
The Bank of Canada has released its latest financial system review. The bank says about one third of Canadian mortgages have already seen an increase in payments compared with February 2022. They forecast that existing borrowers will see their payments climb significantly by 2025, especially if borrowers don't extend the repayment term.
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