CMHC says risks remain in mortgage market as defaults rise Debt Guru

CMHC says risks remain in mortgage market as defaults rise

 Debt Guru

The Canada Mortgage and Housing Corporation indicates in its latest report on the residential mortgage sector that 1.2 million mortgage loans are due for renewal in 2025 and that 85% of them have been signed while the rate of the Bank of Canada was 1% or less. Borrowers who need to renew their loans next … Read more