Tag: eyewitness

As increasingly more householders face mortgage renewals at surprisingly higher rates of interest, some are facing the dreaded prospect of getting to sell a house they can now not afford. Statistics Canada says the quantity Canadians owe relative to how a lot they earn fell in the second quarter as disposable revenue comfortably outpaced the expansion in debt and demand for mortgages fell. Deciding between a fixed- or variable-rate mortgage has all the time been a challenging selection for borrowers looking to purchase a home or renew a loan, however with interest rates sitting at levels not seen in a …