Most Canadians don’t know what to do if...

According to a recent survey by LAWPRO®, 61 per cent of Canadians don’t know what options are available to them if they are unable to make their mortgage payments. For younger Canadians, 18 to 34-years old, this number is even higher at 74 per cent. Even more alarming, 79 per cent of those surveyed currently own a property or have considered purchasing one. This paints a pretty grim picture of the lack of mortgage literacy, but the good news is if you’re one of the majority — you’re not alone! Financial difficulty, whether short-term or long-term, can happen to anyone at any time. Your home…