Majority of homeowners expect monthly mortgage payments to rise upon renewal in 2025, survey finds
- Posted on February 20, 2025
- By The Globe and Mail
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Majority of homeowners expect monthly mortgage payments to rise upon renewal in 2025, survey finds
Royal LePage said 1.2 million mortgages are up for renewal in 2025. Around 85% of those were secured when the Bank of Canada’s key policy rate sunk to historically low levels during the pandemic
