Canada may have elevated unemployment levels, but mortgage delinquencies are dropping. Canada Mortgage and Housing Corporation (CMHC) data shows mortgage delinquencies for Q4 2020. The majority of cities, 26 in total, saw the rate of delinquency lower than last year. Only 5 markets saw the rate rise, as a combination of low rates and mortgage […]
The post Canadian Mortgage Delinquencies Fall In 26 Cities, As Markets Flood With Cheap Credit appeared first on Better Dwelling.