bank of canada research

60% of Canadian mortgage renewals to face higher rates by 2026: BoC

January 13, 2025 No Comments

Despite interest rates having fallen materially in 2024, recent data show that many Canadian homeowners could still face payment shocks when their mortgages renew.

Even with expected rate cuts, mortgage payments will continue to rise for years: BoC research

January 9, 2024 1 Comment

Despite anticipated Bank of Canada interest rate cuts later this year, mortgage borrowers will continue to face higher debt-servicing costs for several years.

Most mortgage borrowers to see payments rise 34% to 54% vs. early 2022: Bank of Canada

December 20, 2023 No Comments

If you had a mortgage as of February 2022, chances are you will be facing a payment increase before the end of 2025.

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bank of canada research

60% of Canadian mortgage renewals to face higher rates by 2026: BoC

Even with expected rate cuts, mortgage payments will continue to rise for years: BoC research

Most mortgage borrowers to see payments rise 34% to 54% vs. early 2022: Bank of Canada

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