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Subscribe with RSS ReaderDig's n Things - Real Estate and More with Dan WelykSubscribe to Dig's n Things - Real Estate and More! by EmailThursday, March 29, 2012 BMO study finds mortgage rate increase will hamper CanadiansInteresting article regarding a survery completed by BMO regarding affordabliity on increased mortgage rates.
The survey found that 43% of Canandians would "hamper their ability to pay" with an increased rate.
Alberta, with the least concern came out at 73% stating it would not affect their ability to pay.
"Based on the current BMO rate of 2.99 per cent for a five-year mortgage,... |
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