Mortgage Worries on the Rise for Canadians as Inflation Remains High
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Study shows 15% of mortgage holders in Canada say mortgage payments are very difficult, up from 8% in March.
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79% worried about facing higher mortgage payments when it comes time to renew with bank.
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Those with variable rate mortgages less worried about renewal than fixed rate.
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Bank of Canada held key interest rate steady last month but may raise again due to inflation.
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September inflation report showed inflation fell to 3.8%, easing some concerns.