The Latest in Mortgage News: Recent hikes are “painful” for variable-rate mortgage borrowers, says BoC

Homebuyers with a variable mortgage rate are facing a “painful” adjustment as interest rates continue to rise, the Bank of Canada’s Senior Deputy Governor Carolyn Rogers said this week. 

Homebuyers with a variable mortgage rate are facing a “painful” adjustment as interest rates continue to rise, the Bank of Canada’s Senior Deputy Governor Carolyn Rogers said this week.  Mortgage Rates & Mortgage Broker News in Canada 

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