4.8% of homes need major repairs in Mississauga: report
Photo: Nolan Issac
A new report finds many Canadians are struggling to keep up with home repairs, including residents of Mississauga.
Higher home costs with increased mortgage rates due to Bank of Canada key interest rate hikes mean many homeowners are looking for ways to cut back.
The Bank of Canada key interest rate now sits at five per cent — the last increase was in July.
The report from MyChoice, an insurance comparison rate comparison website, also finds that Home Equity Line of Credit rates, as of December 2023, now exceed 7.5 per