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$500 Mortgage Increase Tough for One in Six Canadians: BMO Survey

$500 Mortgage Increase Tough for One in Six Canadians: BMO Survey

by Seun Adeyemi | Oct 14, 2015 | Debt Management

A mortgage for most families represents the single largest debt of their lifetime. That makes the findings of a new survey from the Bank of Montreal especially alarming. Almost one in six Canadians said they couldn’t handle a $500 increase in their monthly mortgage...
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