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

Author: External Author | | Categories: Mortgage Broker , Mortgage Refinancing , Mortgage Services

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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.

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Original Article Source Credits:   MortgageBrokerNews  , https://www.mortgagebrokernews.ca/

Article Written By:   Ephraim Vecina

Original Article Posted on:  13 Oct 2020

Link to Original Article: https://www.mortgagebrokernews.ca/news/rbc-analysts-one-in-five-deferred-mortgages-likely-to-go-into-default-334099.aspx



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