As interest rates head up, many Toronto homeowners will see mortgage payments jump by thousands, experts say - Toronto Star

Even those with fixed-rate mortgages could see monthly payments jump to $6,000 or more in the coming years as a series of planned rate hikes hit home.

Briand Melanson has never shied away from risk. Last summer, when it came time for the professional musician to find a mortgage for his first condo, in the Soho Condominiums building on Toronto’s wa… [+8782 chars]

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