Canadian Mortgage Growth Is Surging Higher, And Hasn’t Done This In Over 2 Years

Author: External Author | | Categories: First Time Home Buyer Mortgage , Mortgage Broker , Mortgage Calculator , Mortgage Rates , Private Equity Investors , Self Employed Mortgage

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Canadian real estate sales are rising from last year’s anemic levels, and so is mortgage debt. Bank of Canada (BoC) numbers show outstanding mortgage credit reached a new high in August. More surprising is mortgage credit growth is actually accelerating into the fall. For the first-time in years, annual growth is now bigger than the year before.

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Original Article Source Credits:Better dwelling, https://betterdwelling.com

Article Written By:Daniel Wong

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Link to Original Article:https://betterdwelling.com/canadian-mortgage-growth-is-surging-higher-and-hasnt-done-this-in-over-2-years/#_



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