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Canadian Mortgage Borrowers Took The Bait, Now Their Costs Are Ripping Higher

Many Canadian mortgage borrowers are regretting walking into a low rate trap. Bank of Canada (BoC) data reveals a surge of borrowers over the past few years opting for variable rates. At the time, mortgage borrowers might have saved a few points over their fixed-rate peers. Now interest costs are making one of the most […]

The post Canadian Mortgage Borrowers Took The Bait, Now Their Costs Are Ripping Higher appeared first on Better Dwelling.

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