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A quarter of first-time homebuyers struggle to pay their mortgage, study finds

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One out of four first-time homebuyers are struggling to pay their mortgage, especially in big cities like Toronto, Vancouver and Calgary, while up to 40 per cent relied on family members to afford their first piece of real estate, a new study found.

Finance expert Rubina Ahmed-Haq has more on soaring retail sales, price-fixing controversies and customer receipts at self-checkouts.

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Category
U.S. & Canada
Tags
global news, Rubina Ahmed-Haq, Personal finance expert
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