Overview of Q1 2020 National Mortgage and Credit Trends

Author: External Author | | Categories: Certified Real Estate Investment Adviser , Construction Mortgage , Home Mortgage , Licensed Mortgage Agent , Lowest mortgage rate , Mortgage Associate , Mortgage Broker , mortgage interest , mortgage preapproval , mortgage prequalifying , Mortgage Rates , Mortgage Refinancing , Mortgage Specialist , Rental Property Financing

Delinquency rates are steady across Canada at 0.29%. Montreal continues to trend lower, below the national average. Toronto and Vancouver maintain a flat rate much lower than national average, at 0.11% and 0.13%, respectively.

Read More

Original Article Source Credits: Canada Mortgage and Housing Corporation , https://www.cmhc-schl.gc.ca/

Article Written By : NA

Original Article Posted on : July 15, 2020

Link to Original Article:  https://www.cmhc-schl.gc.ca/en/housing-observer-online/2020-housing-observer/overview-q12020-national-mortgage-credit-trends