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RBC Forecasts Canadian Mortgage Defaults Will Start Rising Next Year

Canadian real estate markets aren’t yet in the clear, despite the surge in buying activity. RBC Capital Markets, in a note to institutional clients, is forecasting mortgage defaults won’t rise until the second half of 2021. Analysts authoring the report said a combination of payment deferrals and government support, “kicked the can down the road.” […]

The post RBC Forecasts Canadian Mortgage Defaults Will Start Rising Next Year appeared first on Better Dwelling.

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