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Fixed-rate mortgage? Here’s how much more you may have to pay when you renew — and what to do if you can’t afford it

“Homeowners with fixed mortgages will, sooner or later, be renegotiating their rates and with the Bank of Canada hiking rates, many will see their monthly housing payments increase.”

Here are some suggestions of how to lessen or avoid the worry!

https://www.thestar.com/business/2022/07/25/fixed-rate-mortgage-heres-how-much-more-you-may-have-to-pay-when-you-renew-and-what-to-do-if-you-cant-afford-it.html