Mortgage debt hits record levels in 2022 | wellandtribune.ca
Mortgage debt rose by six per cent to a record $2.08 trillion in 2022, at a time when Canadians are struggling to keep up with other loan payments.
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Mortgage debt rose by six per cent to a record $2.08 trillion in 2022, at a time when Canadians are struggling to keep up with other loan payments.
Report from CMHC blames ballooning debt-to-GDP ratio on unaffordable housing and the rise in interest rates that is hammering already stretched homeowners.
Report from CMHC blames ballooning debt-to-GDP ratio on unaffordable housing and the rise in interest rates that is hammering already stretched homeowners.
Federal government hopes to eke out some additional revenue by bringing the Canada Mortgage Bonds program in-house
Groundbreaking increased on multiple unit urban homes, data from the national housing agency showed on Monday