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Daily Archives: March 10, 2025

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Canadians Brace For Higher Payments In Their Mortgage Renewals

Posted on March 10, 2025
By Eric MajdalaniMortgage
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Survey finds 60% of homeowners are cutting back on spending to manage higher renewal costs As more than one million Canadian mortgages come up for renewal in 2025, many homeowners are preparing for significantly higher monthly payments after securing their loans at record-low interest rates in previous years. A Royal LePage survey reveals that 57%…

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