Tag: Residential Mortgages
Slowest Mortgage Growth In Two Decades Under Higher Interest Rates
Canada's total residential mortgage debt stood at $2.16 trillion as of February 2024, up 3.4% from February 2023, representing the slowest growth in 23 years. Higher mortgage costs...
Mortgage Activity Slows With Cooling Housing Market
The drop in home sales in the first half of 2023 led to a slowdown in new mortgage activity but rising interest rates and...
CMHC Releases Latest Available Data On Trends In The Residential Mortgage...
Canada Mortgage and Housing Corporation just released its Fall 2022 edition of the Residential Mortgage Industry Report. This latest report provides insights into the...
