Canada pulls back from debt deferral cliff

Author: External Author | | Categories: First Time Home Buyer Mortgage , Mortgage Broker , Refinance Mortgage

Mortgage Broker Bradford

While the rate of mortgage deferrals in Canada remains in the double-digits, it has been on the decline in recent months, blunting concern of a looming ‘debt deferral cliff’. Data collected by the Canada Mortgage and Housing Corporation (CMHC) and made available to Yahoo Finance Canada show that deferrals fell to 10.89 per cent in August from 12.28 per cent in July.

Read More

Original Article Source Credits:   Yahoo news , https://in.news.yahoo.com/

Article Written By:  Stephanie Hughes

Original Article Posted on:  14 October 2020

Link to Original Article:  https://in.news.yahoo.com/canada-pulls-back-from-debt-deferral-cliff-173600820.html



READ MORE BLOG ARTICLES

Top
Top