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Canadian Mortgage Credit Growth Finally Falls To Pre-Pandemic Levels

Canadian mortgage debt is slowing in growth, after a surge at the beginning of the pandemic. Bank of Canada (BoC) data shows outstanding mortgage credit reached a new high in August. At the beginning of the pandemic, the rate of growth had accelerated due to payment deferrals. Deferrals are beginning to expire now, sending growth […]

The post Canadian Mortgage Credit Growth Finally Falls To Pre-Pandemic Levels appeared first on Better Dwelling.

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