The roughly 75,000 Canadian homeowners awaiting mortgage renewal notices next month are bracing for a shock interest rate jump due to a surprise rise in global bond yields, which will further squeeze already tight household budgets. Click Here to Visit Orignal Source of Article https://www.ctvnews.ca/business/surging-bond-yields-add-to-canadian-homeowners-mortgage-pain-as-renewals-loom-1.6593392
Surging bond yields add to Canadian homeowners’ mortgage pain as renewals loom
