'I am distraught': Jumbo rate hike adds more financial pain for some Canadians - Financial Post
7/15/2022 12:00:00 AM2 years 9 months ago
by Julie Gordon and Divya Rajagopal, Reuters
by Julie Gordon and Divya Rajagopal, Reuters
Bank of Canada's interest rate increase has jolted highly indebted consumers, who took out large mortgages during the pandemic. Read more.
Increase jolts highly indebted consumers who took out large mortgages during the pandemic Author of the article: Interest rate hikes have sent mortgage rates spiralling.Photo by Mark Blinch/Reuter… [+5624 chars]
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