This is a news story, published by financialpost, that relates primarily to Toronto-Dominion Bank news.
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higher mortgage ratesfinancialpost
•77% Informative
Millions of mortgages are up for renewal over the next two years , with economists warning that rising interest rates would squeeze homeowners and ultimately the economy.
But a new analysis from Toronto-Dominion Bank found that Canadians are handling the transition to higher mortgage rates better than expected.
The bank is now estimating that “aggregate payments” will fall by 1.2 per cent in 2025 , instead of rising by 0.5 per cent .
The federal government’s shift in immigration policy followed polling that suggested Canadians ’ views on immigration were shifting.
In October , a poll by the Environics Institute in partnership with Toronto Metropolitan University , reported a majority of Canadians wanted less immigration for the first time in 25 years .
Read more on how a couple could leverage compounding to grow their savings significantly.
VR Score
83
Informative language
83
Neutral language
66
Article tone
formal
Language
English
Language complexity
52
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
15
Source diversity
8