BMO: 20% of variable-rate mortgage clients have increased payments

BMO: 20% of variable-rate mortgage clients have increased payments

Mortgage amortization periods continue to grow at BMO due to rising interest rates, but the bank said about a fifth of its variable-rate clients have preemptively increased payments.  Mortgage amortization periods continue to grow at BMO due to rising interest rates, but the bank said about a fifth of its variable-rate clients have preemptively increased …

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