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The Canadian Investor

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Can a One % Increase in Interest Rate Affect Home Prices?

The cost of financing is all soting on cet during that time period, and will probably keep going up as the bank of canada keeps increasing rates again in july. A stress test would be like over seven % now to day re exactly. And if you want to understand how a one % increase in interest rate cant affect the cost of your mortgage, we talked about thatd some example, af few episodes ago.

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