Homeowners Expect Rising Mortgage Payments
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Canadians facing mortgage renewal anxiety about monthly payments: survey | Globalnews.ca
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Survey found that more than half of those homeowners expect bad news when they renew their mortgage.
Many homeowners say that will cut into their spending on other things.
Mortgage expert Angela Calla said anyone renewing their mortgage needs to take a look at their finances.
More Canadians are looking to sign variable-rate mortgages upon renewal as interest rates continue to decline.