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CIBC’s Uninsured Mortgage Delinquency Rate Is Flat, But Toronto Is An Exception

Quarterly filings from one of Canada’s largest banks shows unusual weakness in Toronto. CIBC data shows their uninsured mortgage delinquency rate generally fell in Q1 2021. One notable exception is Greater Toronto, which is seeing the rate climb. A rise in the delinquency rate is unexpected for a market with high sale volumes and low […]

The post CIBC’s Uninsured Mortgage Delinquency Rate Is Flat, But Toronto Is An Exception appeared first on Better Dwelling.

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