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Bank of Canada: some Canadians could see mortgage payments jump by 45% in 2025-26 as rates rise

daofaziran(daofaziran)

OTTAWA, June 9 (Reuters) - Some Canadians who took out mortgages in 2020-21 could see their monthly payments jump by as much as 45% in 2025-26, given rising rates, according to a Bank of Canada scenario released on Thursday.

Full Story:
https://www.reuters.com/world/americas/bank-canada-some-canadians-could-see-mortgage-payments-jump-by-45-2025-26-rates-2022-06-09/#:~:text=Canadians%20with%20a%20high%20loan,%2D21%20would%20be%2030%25.

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Last Updated: 2022-6-9
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Bank of Canada: some Canadians could see mortgage payments jump by 45% in 2025-26 as rates rise

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