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How to Lower Your Mortgage Payments

Next policy rate announcement by Bank of Canada is scheduled for September 7, 2022. If it increases the rates by 50 basis points or more, the banks and lenders will…

Will the Bank of Canada rate increase affect your Mortgage Payment?

Will the Bank of Canada rate increase your Mortgage Payment? Yes, if you have a variable-rate mortgage or a blended mortgage, your payment amounts will increase. No, if you have…