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Category: Housing

Information and Tips on Buying, Renting and Owning a house in Canada

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Mortgage renewal in Canada: What to know when rates are rising

Mortgage renewals used to be simple. You’d get a letter from your lender, glance at the new interest rate, sign it, and carry on. Now though. Things have changed. Interest rates are higher, budgets are tighter, and a lot of Canadians are wondering how they’ll afford their new payments when their mortgage comes up for…

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