Canada: Canadians are incapable of servicing higher mortgage costs – report

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In a new survey, Manulife Bank of Canada found that over 16 per cent of Canadians will not be able to service existing debts if their current mortgage payments increase in any way (even if their main wage earners do not get laid off).

Read more on: www.canadianrealestatemagazine.ca

Source : Canada: Canadians are incapable of servicing higher mortgage costs - report