Three-quarters of Equitable Bank’s uninsured mortgages to renew at lower rates this year + MORE Mar 1st
Rocket Mortgage Canada winding down operations + MORE Mar 7th
Mortgage market braces for impact as one million renewals loom and defaults climb + MORE Mar 16th
Why are mortgages so expensive in Canada? + MORE Feb 26th
RBC says it’s ready for competitive spring mortgage market and upcoming renewal wave Mar 4th
Highclere Capital enters Canada’s mid-market lending space
– canadianmortgagetrends.com
Homeowners expect monthly mortgage payments to rise upon renewal in 2025: survey
– canadianmortgagetrends.com
Will the cost of borrowing and mortgage payments rise?
– moneysense.ca
A Royal LePage survey released Thursday, conducted by Hill & Knowlton, said 57% of Canadians set to renew a mortgage on their primary residence this year expect their monthly payment to increase. That includes 22% who expect it to rise “significantly” and 35% who think their payment will go up “slightly.” One-quarter said their monthly mortgage payment will remain about the same and 15% expect it to decrease upon renewal.
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