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Mortgage Debt Could Weigh Down Economy When Interest Rates Rise-Lee Harding

Wed Dec 1 , 2021
News Analysis Canada’s major banks, institutional investors, and homebuyers took on more risk than normal during a prolonged period of low interest rates, a distortion that may have a cruel correction as interest rates rise to curb inflation and some households struggle to handle higher servicing costs on their mortgages. […]

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