Canadian real estate owners are paying a lot for the privilege of their debt pile. Statistics Canada (Stat Can) numbers show mortgage payments hit an all-time high in Q1 2019. Even with near record low rates, interest is rising faster than principal payments. Over half of all payments go towards interest, and the ratio is […]
The post Canadian Mortgage Payments Top $91 Billion, Over Half Goes To Interest appeared first on Better Dwelling.
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