The Bank of Canada has polled public preparedness for rising interest rates. In-house research showed few Canadians lock in rates for terms longer than five years and “could be at risk”, said a report: “Borrowers may be exposed.”
The Bank of Canada has polled public preparedness for rising interest rates. In-house research showed few Canadians lock in rates for terms longer than five years and “could be at risk”, said a report: “Borrowers may be exposed.”