Exploring the Impact of Rising Interest Rates on the Mortgage Sector: Is a Financial Catastrophe Imminent?
Nearly half of residential property owners in the country (45%) own their home 100%. (Photo: 123RF) The meteoric rise in the Bank of Canada’s key rate since March 2022, in order to counter inflation, has raised fears of the deployment of active ingredients that could have the effect of a time bomb in the mortgage … Read more