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Tag Archives: RBC

RBC analysts: One in five deferred mortgages likely to go into default

Despite the government’s fiscal assistance programs, a significant fraction of mortgages under deferral are likely to go into default, according to RBC Capital Markets analyst Darko Mihelic and senior associate Sanly Li. “We believe 10% to 20% of mortgages under deferral are at a higher risk of defaulting,” the duo said in their report last week. [&hellip…

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