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The latest in mortgage news: Arrears rate rises from its all-time low

Steve Huebl
Publication date:
January 24, 2023
Article Summary: 

The article titled "The Latest in Mortgage News: Arrears Rate Rises from Its All-Time Low" highlights a concerning development in the Canadian mortgage market. It reports that the arrears rate, which indicates the percentage of mortgage loans in delinquency, has increased from its previous all-time low. The article explores the factors contributing to this rise, including economic challenges, job market volatility, and changing mortgage lending practices. It emphasizes the importance of monitoring arrears rates and implementing proactive measures to support borrowers and maintain a stable housing market.


Latest, Mortgage news, Arrears rate, Rises, All-time low, Canadian mortgage market, Delinquency, Economic challenges, Job market volatility, Mortgage lending practices, Monitoring, Proactive measures, Borrowers, Stable housing market.

Source Citation: 
Steve Huebl
The latest in mortgage news: Arrears rate rises from its all-time low
January 24, 2023
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