Canada’s largest bank is prepared for the wave of mortgage defaults coming. Phew! Wait… what defaults? RBC Capital Markets sent a research note to clients last week. In it, the analysts mention up to a fifth of deferred mortgages are at risk of default. It’s great the bank is well prepared for this event, but […]
The post RBC Just Forecasted Mortgage Defaults May Be Higher Than If The BoC Did Nothing appeared first on Better Dwelling.