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Daily Archives: September 12, 2023

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Regrets? Some Canadians Are Questioning Their Mortgage Decisions Amid High Interest Rates

Posted on September 12, 2023
By Eric MajdalaniMortgage
regret

Canadian homeowners are having regrets over their current mortgage as they face unexpected increases in their monthly payments, says one new study. Over a third of homeowners say they have mortgage regrets and 21.8 per cent say they can’t afford their payments because of consistent interest rate hikes from the Bank of Canada, according to…

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  • How Does A Construction Mortgage Work?
  • What a Bank of Canada Rate Hold Means For Buyers, Sellers and Mortgages in 2026
  • Why fixed mortgage rates may not move when the Bank of Canada does
  • Big Bank Warns 2026 Might Prove Very Tough For Canadians Who Chose Variable Mortgages
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