WHAT IS THE MORTGAGE RENEWAL CLIFF AND ARE YOU READY?
Posted by: Peter Paley
There has been a lot of buzz about the Renewal Cliff in the media lately. What is it? It is a concern that borrowers will not be able to afford their mortgage renewal in the new higher interest rate environment. For example, if you purchased a home for $350,000 in Winnipeg, MB in January 2019 […]
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