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Bank of Canada: Mortgages In Arrears Expected To Triple, But It Could Be Worse

Canada’s mortgage apocalypse isn’t going to be fun, but it could have been a lot worse. The Bank of Canada (BoC) released its model on mortgages in arrears this week. Through a combination of monetary policy and bank generosity, mortgages in arrears are still  expected to rise to record highs. However, without the policies implemented, […]

The post Bank of Canada: Mortgages In Arrears Expected To Triple, But It Could Be Worse appeared first on Better Dwelling.

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