Canadian Mortgage News Update

Google Alert - Canadian Mortgage News
https://www.google.com/alerts/feeds/09311190917750699271/15058304158072206487

  NEW ITEMS (3):

Over 1 In 10 Canadian Households Are Late or Skipping Debt Payments

Published: 2019-06-28T15:33:45Z 

Overall, Canadians are skipping bill payments at a much higher rate than Big Six ... The percent of Canadian households that missed at least one mortgage ..... https://business.financialpost.com/news/economy/canadian-businesses- ...

Housing might devour the economy from within – CMHC's Siddall

Published: 2019-06-28T10:52:30Z 

Sustained improvements to housing supply can help address the problem of residential real estate affordability, but the head of the Canada Mortgage ...

Households' debt interest, debt-to-income ratios on an upswing

Published: 2019-06-28T10:52:30Z 

As of mid-June, Canadian households were paying more than 2% higher ... as two decades ago, the average was $12,000 of non-mortgage debt." ...