Mortgage renewals wave set to drive delinquency rates up in 2025: CMHC | Watch News Videos Online

By Global News | Nov 4, 2024 at 07:56 PM EST

A report highlights the risk for Canadian homeowners in upcoming mortgage renewals despite the Bank of Canada's interest rate reduction. The Canada Mortgage and House Corp. notes a rise in mortgage delinquency rates in the second quarter of 2024.

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