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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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  • 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
  • Buyers Could Edge Back to Canada’s Housing market in 2026, says real estate giant
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