1/12/2021 | Posted in Mortgages and Real Estate by Michael Antczak
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The mortgage delinquency rate among Canadian seniors has reached its highest level in years, according to the Canada Mortgage and Housing Corporation. ... More

10/13/2020 | Posted in Mortgages and Real Estate by Michael Antczak
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Approximately 11% of Canadian borrowers have not returned to a regular payment schedule. ... More

9/18/2020 | Posted in Mortgages and Real Estate by Michael Antczak
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A "vast majority" of borrowers who took on payment deferrals will be able to fulfill their balances before year-end. ... More

9/10/2020 | Posted in Mortgages and Real Estate by Michael Antczak
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Canadians piled on mortgage debt even as COVID-19 forced the country into lockdowns, and Canada Mortgage and Housing Corporation (CHMC) worries many will eventually struggle to ... More

4/21/2020 | Posted in Canadian Economy and Housing Market by Michael Antczak
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Rising unemployment and high debt is expected to boost mortgage loan delinquencies in Canada, though experts say it won’t play out like the U.S. subprime mortgage crisis of ... More

6/17/2019 | Posted in Mortgages and Real Estate by Michael Antczak
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The Canadian mortgage market continues to suffer from the impact of lower home sales in major markets as the stress tests weaken homebuyers’ abilities. ... More

6/11/2019 | Posted in Mortgages and Real Estate by Michael Antczak
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Canada’s top federal banking regulator says a stress-test for uninsured mortgages is “working,” but that it is still keeping an eye on lending practices. ... More

5/23/2019 | Posted in Financial Health by Michael Antczak
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The Canadian credit market has grown but it appears that consumers are generally managing their debt well. ... More

3/6/2019 | Posted in Mortgages and Real Estate by Michael Antczak
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More Canadians are running into serious issues with their mortgage payments according to a new report. ... More

10/21/2018 | Posted in Mortgages and Real Estate by Michael Antczak
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A slowing economy and rising borrowing costs will probably push Canadian delinquency rates higher in coming months, according to the country’s largest credit reporting firm. ... More

10/2/2017 | Posted in Mortgages and Real Estate by Michael Antczak
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Individuals who take out a mortgage tend to have higher credit scores, according to a recent report by the Canada Mortgage Housing Corporation. ... More


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