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Mortgage hikes could cause problems

Canadian homeowners have been enjoying very low mortgage rates for the past several years, but there are some indications those rates could climb in 2012.

That could cause problems for a lot of homeowners, because a new report from the Canadian Association of Accredited Mortgage Professionals says 1 in 10 Caandians could have difficult dealing with even a modest increase.

Jean Freed is a personal finance expert. Click on the link below to hear her speak with Dave.

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