Some variable-rate borrowers will need $160,000 to avoid rising payments: Desjardins
The rapid rise in interest rates will take a toll on homeowners when it comes time to renew their mortgages in this higher rate environment, but variable rate borrowers who are renewing for the first time will face the biggest sticker shock, Desjardins says. THE CANADIAN PRESS/Darryl Dyck While many homeowners will face payment pressure ... Read More