Financial Post
November 12, 2026.
Gareth Watson, Portfolio Manager at Richardson Wealth, writes that while households may be supported by substantial home equity and high incomes, a higher mortgage payment can still leave less room for retirement savings, education costs, emergency reserves or home maintenance.
The best outcome may not be the lowest monthly payment or the fastest path to debt repayment, but a choice that preserves financial resilience while allowing the household to continue making progress toward its longer-term goals.
