Oh, Canada!
Motley Fool Money
00:00
Fluctuating Rates and Housing Strains
This chapter explores the effects of changing interest rates on Canada's housing market, particularly through the lens of static payment variable rate mortgages. It highlights the challenges faced by homeowners, especially recent buyers, in navigating rising mortgage payments, potential foreclosures, and the growing tension between supply and demand in the housing sector.
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Transcript
