Jessi Sandhu - Your Brampton Real Estate Agent
Mortgage Delinquency News and Articles | My Blog

Canada braces for higher mortgage defaults

4/21/2020 | Posted in Canadian Economy and Housing Market by Jessi Sandhu

laptop-research-453.jpg - Real Estate News Rising unemployment and high debt is expected to boost mortgage loan delinquencies in Canada, though experts say it won’t play out like the U.S. subprime mortgage crisis of ... More


Regulator defends mortgage stress test in face of pushback from industry

6/11/2019 | Posted in Mortgages and Real Estate by Jessi Sandhu

mortgage-rates---interest-rates-48.jpg - Real Estate News Canada’s top federal banking regulator says a stress-test for uninsured mortgages is “working,” but that it is still keeping an eye on lending practices. ... More


Delinquency rates hold steady even as credit market grows

5/23/2019 | Posted in Financial Health by Jessi Sandhu

calculator--analysis--reporting-128.jpg - Real Estate News The Canadian credit market has grown but it appears that consumers are generally managing their debt well. ... More


Mortgage delinquencies on the rise

3/6/2019 | Posted in Mortgages and Real Estate by Jessi Sandhu

worried-businessman-346.jpg - Real Estate News More Canadians are running into serious issues with their mortgage payments according to a new report. ... More


Rate hikes will push Canadian delinquencies higher

10/21/2018 | Posted in Mortgages and Real Estate by Jessi Sandhu

home-buying-financing-concept-261.jpg - Real Estate News A slowing economy and rising borrowing costs will probably push Canadian delinquency rates higher in coming months, according to the country’s largest credit reporting ... More


8 in 10 mortgage holders have high credit scores

10/2/2017 | Posted in Mortgages and Real Estate by Jessi Sandhu

cmhc-news-7.jpg - Real Estate News Individuals who take out a mortgage tend to have higher credit scores, according to a recent report by the Canada Mortgage Housing Corporation. ... More


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