Survey: Canadians Concerned About Impact of Interest Rate Hikes and Potential Housing Bubble – Marketwired (press release)

– 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.