Industry experts say they expect people to get renewal offers with rates ranging from 6.5 to 7 percent.
Toronto and Vancouver real estate are still giving Canada’s national housing market a bad rap even with the latter in correction mode.
The residential mortgage market in Canada faces a rocky 2018 as it deals with a new stress test for borrower eligibility amid a backdrop of rising interest rates.
Industry experts say they expect people to get renewal offers with rates ranging from 6.5 to 7 percent.
Toronto and Vancouver real estate are still giving Canada’s national housing market a bad rap even with the latter in correction mode.
The residential mortgage market in Canada faces a rocky 2018 as it deals with a new stress test for borrower eligibility amid a backdrop of rising interest rates.