– One quarter of Canadians with a mortgage agree they are ‘in over their head’ with their current mortgage payments.
– Three in ten homeowners agree they will face financial difficulties if the value of their home goes down. Two in three Canadians think we’re in a housing bubble.
– Almost half of Canadians agree they are concerned about the impact of rising interest rates.
– Over seventy percent of Canadians rate their ability to cope with a 1% interest rate increase as less than optimal.
CALGARY, ALBERTA–(Marketwired – Jul 10, 2017) –
Editors Note: There is an infographic associated with this release.
A new survey by MNP LTD finds that Canadians are concerned about the uncertainty of a potential housing bubble and impending interest rat…
Read the full article at: https://www.benzinga.com/pressreleases/17/07/m9755966/survey-canadians-concerned-about-impact-of-interest-rate-hikes-and-pote
