Residential mortgage debt hits $2.16 trillion amid slowest growth in 23 years: CMHC

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 50%

Loans Loans Headlines News

Loans Loans Latest News,Loans Loans Headlines

Canada Mortgage and Housing Corp. says the country’s total residential mortgage debt totalled $2.16 trillion as of February this year, up 3.4 per cent year-over-year and representing the slowest growth in 23 years.

Dimon Says ‘There Could Be Hell to Pay’ If Private Credit SoursBank OZK Shares Slide as Citi Downgrades to Sell on Loan WorriesBlackRock’s $20 Billion ETF Is Now the World’s Largest Bitcoin FundTesla’s $56 Billion Pay Package for Elon Musk Opposed by Calpers CEOTemperature in Indian Capital Spikes as Heat Waves Turn BrutalGoldman Racks Up $21 Billion for Its Largest Private Credit PoolGreyhound Bus Owner Flix Postpones Frankfurt IPO PlansEurope’s Bond Sales Are Set to Top €1 Trillion in Record...

‘Hey, There’s Raccoons in My Backyard’BlackRock’s $20 Billion ETF Is Now the World’s Largest Bitcoin FundSony in Talks to Buy Queen’s Music Catalog in Potential $1 Billion DealTesla’s $56 Billion Pay Package for Elon Musk Opposed by Calpers CEOMilei Pitches Argentina to Silicon Valley After Setbacks at HomeSaudi Wealth Fund's Local Focus Worries Global Asset ManagersHidden Road Stops Offering Clients Access to Crypto Venue BybitTemperature in Indian Capital Spikes as Heat Waves Turn...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 83. in LOANS

Loans Loans Latest News, Loans Loans Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

B.C. residents paying more for mortgages while taking out fewer of themCanada Mortgage and Housing Corporation, Equifax Canada reports find B.C. residents struggling
Source: TerraceStandard - 🏆 24. / 68 Read more »

Hamilton home prices may rise if mortgage rate drops: CMHCA three-year forecast from Canada’s housing agency suggests higher prices could be driven by increased home sales should mortgage rates drop.
Source: GlobalCalgary - 🏆 50. / 61 Read more »

Renters — not mortgage holders — show most debt stress, Bank of Canada saysThe Bank of Canada says in a new report that renters are feeling more debt stress tied to higher interest rates than Canadians with a mortgage.
Source: GlobalCalgary - 🏆 50. / 61 Read more »

Bank of Canada warns of steep jump in mortgage paymentsMedian monthly payment to increase by more than 60% for those with a variable rate mortgage, central bank report says
Source: globeandmail - 🏆 5. / 92 Read more »

Bank of Canada warns of steep jump in mortgage paymentsMedian monthly payment to increase by more than 60% for those with a variable rate mortgage, central bank report says
Source: BurnabyNOW_News - 🏆 14. / 77 Read more »

Bank of Canada warns of steep jump in mortgage paymentsMedian monthly payment to increase by more than 60% for those with a variable rate mortgage, central bank report says
Source: PGCitizen - 🏆 65. / 51 Read more »