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Mortgage activity in Quebec fell 16% last year amid higher rates

Steve Huebl
Publication date:
March 24, 2023
Article Summary: 

The article titled "Mortgage Activity in Quebec Fell 16% Last Year Amid Higher Rates" highlights the significant decline in mortgage activity in Quebec, Canada, during the previous year. It attributes this decline to the impact of higher mortgage rates. The article discusses how the increase in interest rates has affected the affordability of mortgages, leading to a slowdown in housing market activity in Quebec. It emphasizes the need for potential buyers to carefully consider their financial situation and explore available options in the changing mortgage landscape.


Mortgage activity, Quebec, Decline, 16% decrease, Higher rates, Canada, Interest rates, Affordability, Slowdown, Housing market, Financial situation, Available options, Mortgage landscape.

Source Citation: 
Steve Huebl
Mortgage activity in Quebec fell 16% last year amid higher rates
March 24, 2023
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