News: Vancouver Real Estate MarketMortgage Renewal Anxiety Is Rising, but Most Canadian Homeowners Plan to Stay PutMany Canadian homeowners who secured exceptionally low mortgage rates during the pandemic are approaching renewal. Although borrowing costs have fallen from their recent peaks, renewing borrowers may still face higher monthly payments.  According to the Royal LePage 2026 Mortgage Renewal Survey, 38% of Canadian mortgage holders expect their monthly payment to increase when they renew. Another 31% anticipate little or no change, while 17% expect their payment to decrease. Vancouver homeowners are feeling... |
Royal LePage West Real Estate Services
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