Canada faces a mortgage renewal wave challenging household affordability, with one-third of mortgage holders renewing soon and 67% anxious about higher rates. Six percent already struggle with payments; 44% would struggle if payments rose under 15%. New buyers and newcomers face greater pressure, with many regretting mortgage sizes and relying on home rental income. Despite this, 76% view real estate as a good long-term investment, showing resilient confidence in homeownership.
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