Sentences with phrase «cent of mortgage holders said»

Eighty - four per cent of mortgage holders said they can handle an increase of $ 200 per month in their mortgage payments, and 78 per cent have at least 25 per cent equity in their homes.

Not exact matches

When it comes time for renewal, half the mortgage holders will likely go with a fixed - rate mortgage, 25 per cent say they will select a variable rate, and another 25 per cent plan to go with a combination of both.

Only 21 per cent of mortgage holders would see a significant impact on their standard of living for a monthly mortgage rate increase of $ 100; 53 per cent would see an impact, with an increase of $ 200, the study says.

It says 42 per cent of residential mortgage holders polled have not seen their overall standard of living significantly affected by the recent mortgage rate increases.

Over 40 per cent of all mortgage holders have at least 50 per cent of the value of their homes in equity, and of all Canadian homeowners, which includes those without mortgages, 65 per cent hold at least half the value of their properties, says CAAMP.

Mortgage holders are «extremely successful» negotiating their interest rates, knocking off an average of 1.68 per cent from the posted rate, says the association.