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.
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