September 9, 2023
Did you get your mortgage in 2020? Pay close attention to your renewal date.
The Canadian housing market experienced an unprecedented boom in 2020, marked by record-breaking sales across the country. While this surge in real estate activity brought joy to homeowners and investors, it also set the stage for a potential payment shock for mortgage holders in the coming years. As we approach 2025, the consequences of those high sales volumes are beginning to manifest, leaving many Canadians concerned about their financial stability.
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