Ask the Expert: Can the new Liberal housing plan solve Canada’s housing crisis? Jun 14th
Rising expenses driving Canadians to offload U.S. real estate + MORE Sep 19th
Fixed-rate borrowers face up to 20% payment hikes at renewal, BoC warns Jul 23rd
What’s better for buying a second home: HELOC or personal loan? + MORE Aug 8th
Canada faces $400 mortgage payment spike: How banks are preparing for the renewal storm + MORE Oct 31st
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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