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Canadian homeowners have
increased their additional mortgage payments during the pandemic, taking advantage of savings built up during the lockdowns to pay down their home loans.
A total of $34-billion of additional or unscheduled mortgage payments were made last year, compared with $31-billion in 2019, according to a new report from Canada Mortgage and Housing Corp.
“We were seeing very clearly that households were saving more,” said Tania Bourassa-Ochoa, a senior housing researcher with CMHC. ....

Tania Bourassa Ochoa , Canadian Bankers Association , Housing Corp , Canada Mortgage , Residential Mortgage Industry , Elan Weintraub , Canadian Bankers , Great Recession , Mortgage News , Canada Mortage Rates , Real Estate , Canada Real Estate , Mo Ney , Statistics Canada , டானியா பௌரஸ்ஸ ஆசோவ , கனடியன் வங்கியாளர்கள் சங்கம் , வீட்டுவசதி கார்ப் , கனடா அடமானம் , குடியிருப்பு அடமானம் தொழில் , ஈலந் வெயிண்ட்ராப் , கனடியன் வங்கியாளர்கள் , நன்று மந்தநிலை , அடமானம் செய்தி , கனடா அடமானம் ரேட்ஸ் , ரியல் எஸ்டேட் , கனடா ரியல் எஸ்டேட் ,