GIVING YOU THE REAL ESTATE FACTS!
TransUnion, is a a credit-monitoring firm similar to that of Equafax. They recently reported that 26 million Canadians have some form of debt which includes: mortgages, lines of credit, and credit card debt. Their analysis reported that 718,000 of the 26M would not be able to stay afloat financially if their interest rate went up by as little as 0.25 percentage points. There is concern when interest rates do eventually move upwards.
Consolidations and monthly affordability ...Read More →