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Shift to Variable, Shorter-Term Mortgages Raises Borrowers’ Rate Exposure: CMHC
More than 85% of new uninsured mortgages carried either a variable rate or a fixed term of less than five years in the first quarter, increasing borrowers’ exposure to future rate changes.
2 Articles
2 Articles
In the face of high interest rates, Canadian households are changing their mortgage options, according to a new CMHC analysis.
Coverage Details
Total News Sources2
Leaning Left0Leaning Right0Center1Last UpdatedBias Distribution100% Center
Bias Distribution
- 100% of the sources are Center
100% Center
C 100%
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