According to a new Yahoo Canada and Maru Public Opinion poll, the current mortgage rate hikes are becoming unmanageable.

Among Variable rate mortgage holders

  • 45% say they’ll be forced to sell in under nine months.
  • 19% said they had to make drastic financial adjustments and lifestyle changes
  • 29% said they are feeling very serious pressure but are doing what they can to get by

Among Fixed rate mortgage holders

  • 35% said they’d be forced to sell or vacate in the next 10.4 months
  • ​​11% making drastic financial changes
  • 25% feel very serious pressure

Overall, 35% of Canadian homeowners say they won’t be able to handle the current Bank of Canada (BoC) policy rate for more than 10 months before selling.

We can help

On average, we can save you almost $600.00 a month.

Contact us for an exact quote on how much you can save.


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Note:  These numbers use best-case and worst-case scenarios to stress a point.  Contact us directly to find out what your exact savings will be.