Homebuyers may not factor in true cost of ownership when borrowing

Buyers are stretching to buy the home they want with some finding they may have bit off more than they can chew financially, a new survey suggests. Canada Mortgage and Housing Corp. released in June its 2025 CMHC Mortgage Consumer Survey asking 4,000 Canadians at the start of the year that included first-time buyers, repeat buyers, renewers and refinancers about their behaviours, attitudes and expectations regarding homeownership and mortgages. Read More