Lower interest rates to mitigate mortgage payment shock, says RBC’s Dave McKay

An anticipated decline in interest rates over the course of 2024 should help soften the impact of mortgage renewal payment shocks, according to RBC President and CEO Dave McKay. 

An anticipated decline in interest rates over the course of 2024 should help soften the impact of mortgage renewal payment shocks, according to RBC President and CEO Dave McKay.  Mortgage Rates & Mortgage Broker News in Canada 

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