3/5/2024 | Posted in Financial Health by Michael Antczak
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Equifax Canada says consumers in Ontario and British Columbia increasingly missed payments on mortgages and credit cards in the fourth quarter of 2023. ... More

Real Estate & Mortgage News

  10/7/2023 | Posted in Mortgages and Real Estate by Michael Antczak
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Upcoming mortgage renewals at high interest rate levels will potentially drive the Canadian economy into a more severe downturn than anticipated. ... More

Real Estate & Mortgage News

  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

Real Estate & Mortgage News

  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

Real Estate & Mortgage News

  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

Real Estate & Mortgage News

  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

Real Estate & Mortgage News

  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

Real Estate & Mortgage News

  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

Real Estate & Mortgage News
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