Low-interest rates are causing housing affordability problems for 80% of Canadians, according to a survey

Low-interest rates are causing housing affordability problems for 80% of Canadians, according to a survey During the outbreak of the pandemic, the Bank of Canada dropped its Overnight Lending Rate — which consumer banks use to determine their mortgage and line of credit rates — to a record low of 0.25 per cent to position […]

Low-interest rates are causing housing affordability problems for 80% of Canadians, according to a survey Read More »