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Most of Canada’s Insured Mortgages on Deferrals Projected To Be Underwater Soon

Canadian homeowners on insured mortgage deferrals are starting to feel the heat. The Canada Mortgage and Housing Corporation (CMHC) updated the federal government on the state of housing last week. During this update, they warned first-time homebuyers to be extra careful purchasing. To highlight this, they ran through a scenario on how a small downturn […]

The post Most of Canada’s Insured Mortgages on Deferrals Projected To Be Underwater Soon appeared first on Better Dwelling.

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