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Canadian Mortgage Credit Growth Is Rapidly Accelerating, While Consumer Credit Slows

Canadian households are in a rush to get more debt, but only for mortgages apparently. Bank of Canada (BoC) data shows household debt reached a new all-time high in December. In general, household credit growth is rising. However, the rise in growth is due entirely to mortgages, where the rate of growth is rising at […]

The post Canadian Mortgage Credit Growth Is Rapidly Accelerating, While Consumer Credit Slows appeared first on Better Dwelling.

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