Real Estate News

Canadians Are Still Deferring Thousands of Mortgages At Non-Bank Lenders

Canadian employment is the highest in 40 years but borrowers are showing signs of stress. Statistics Canada (Stat Can) data shows non-bank lenders saw an uptick in early mortgage delinquencies for Q4 2021. However, they were able to maintain a lower default rate than commercial banks. Part of this is due to
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