Mortgage, HELOC payments soar – CMHC

The average payment on mortgages and home-equity lines of credit (HELOCs) soared across the country’s largest housing markets, according to Canada Mortgage and Housing Corporation (CMHC) Q3 2018 numbers. Toronto households with a mortgage were paying an average of $1,710, up by 5.95% from a year before. Vancouver, the […]

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