Don’t be alarmed but as much as 20% of Canadian mortgages are at a ‘higher risk of defaulting’
Good morning! While the Canadian housing market may be roaring, two resourceful RBC Capital Market analysts pored through the numbers to determine Canadian banks’ exposure to mortgage debt, and concluded that while the industry would be able to weather the storm, these were some of their biggest concerns: “We believe 10% to 20% of mortgages [&hellip…
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