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Canada

(139,240 posts)

8. OYE! THAT explains it.

Mon Jun 13, 2022, 06:56 PM

Jun 2022

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If interest rates go up, 1 in 4 Canadians will have to sell their homes: [View all] applegrove Jun 2022 OP

china is drooling DonCoquixote Jun 2022 #1

Why? Please explain. elleng Jun 2022 #2

Canadian mortgages reset every five years Fiendish Thingy Jun 2022 #13

OYE! elleng Jun 2022 #16

Why? Their homeloan mortgage rate won't go up. brush Jun 2022 #3

Ahhh...that's for people looking to buy a home... brush Jun 2022 #9

Canadian mortgages reset every five years. Fiendish Thingy Jun 2022 #12

are all Canadian mortgage variable interest rate ? drray23 Jun 2022 #5

OYE! THAT explains it. elleng Jun 2022 #8

The old "get a good deal" without looking to the future. jimfields33 Jun 2022 #10

Maybe, but home prices are up 20% across Canada in last 18 months. Alexander Of Assyria Jun 2022 #18

You can get a 30 year fixed rate mortgage in Canada but the interest is nuts. Alexander Of Assyria Jun 2022 #19

I remember my sister had one of those variable rate loans beck in the 70s captain queeg Jun 2022 #11

That's right True Dough Jun 2022 #15

That's for sure. I sold my house about 5-6 yrs ago captain queeg Jun 2022 #17

Wow, I'm glad my mortgage has gone bye-bye ironflange Jun 2022 #20