Why some homeowners are falling into a mortgage payment trap they can't escape | About That | Page 908 | Unpublished
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Publication Date: June 17, 2026 - 16:39

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Why some homeowners are falling into a mortgage payment trap they can't escape | About That

June 17, 2026

Many Canadian homeowners took advantage of historically low mortgage rates during the pandemic to lock in for five-year terms. Andrew Chang explains the perfect storm happening now as these terms come up for renewal at much higher rates at the same time as a depressed housing market. (Photo credits: The Canadian Press, Reuters, Adobe Stock and Getty Images)



Unpublished Newswire

 
The Ottawa Senators are bidding farewell to captain Brady Tkachuk. After denying they’d deal Tkachuk, the Senators sent him to Florida Panthers in a deal on Sunday afternoon that we will see the club get three first-round picks and a second-round selection in return. Sources say Tkachuk had indicated to the Senators that he had […]
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