LATEST
NEWS
A well-informed membership makes the co-op housing movement stronger. Keep up-to-date on the latest CHF BC, and co-op housing related, goings-on by reading our latest news below. To get this news—and more— delivered directly to your inbox subscribe to our newsletters.
9 November 2021
Interest Rates Likely to Rise
Co-ops carry debt for a few reasons: they may still be paying off their original mortgages for construction and land acquisition; they may be borrowing to secure a new lease; or they may undertake significant capital renewals (like new envelopes or parkade membrane replacements) that trigger borrowing.
Whatever the reason for having debt, interest rate trends are worth keeping an eye on.