Are mortgage borrowers a risk to Canadian housing market?
2/3/2023 | Posted in Mortgages and Real Estate by Jessi Sandhu
An analysis of homeowners' loan-to-value ratios reveals resilient position despite challenges. ...
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OSFI proposes new mortgage restrictions
1/13/2023 | Posted in Mortgage News by Jessi Sandhu
Canada's banking regulator has unveiled three new regulatory proposals that could further restrict mortgage lending pending a just-launched consultation period. ...
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Canada braces for higher mortgage defaults
4/21/2020 | Posted in Canadian Economy and Housing Market by Jessi Sandhu
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 ...
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Mortgage market suffers 'extended chill' says Equifax
6/17/2019 | Posted in Mortgages and Real Estate by Jessi Sandhu
The Canadian mortgage market continues to suffer from the impact of lower home sales in major markets as the stress tests weaken homebuyers’ abilities. ...
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Regulator defends mortgage stress test in face of pushback from industry
6/11/2019 | Posted in Mortgages and Real Estate by Jessi Sandhu
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. ...
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Delinquency rates hold steady even as credit market grows
5/23/2019 | Posted in Financial Health by Jessi Sandhu
The Canadian credit market has grown but it appears that consumers are generally managing their debt well. ...
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Mortgage delinquencies on the rise
3/6/2019 | Posted in Mortgages and Real Estate by Jessi Sandhu
More Canadians are running into serious issues with their mortgage payments according to a new report. ...
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Rate hikes will push Canadian delinquencies higher
10/21/2018 | Posted in Mortgages and Real Estate by Jessi Sandhu
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 ...
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8 in 10 mortgage holders have high credit scores
10/2/2017 | Posted in Mortgages and Real Estate by Jessi Sandhu
Individuals who take out a mortgage tend to have higher credit scores, according to a recent report by the Canada Mortgage Housing Corporation. ...
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