Canadian Uninsured Mortgage Debt Is Growing 4x Faster Than Insured Debt
It shouldn’t be too surprising that a record number of real estate sales is accompanied by a ton of new borrowing. Funds advanced, which is new mortgage credit issued or extended, climbed at a rapid rate in March. Borrowers took out a record amount of mortgage debt, with the majority of it uninsured.
Original Article Source Credits: Better Dwelling , https://betterdwelling.com/
Article Written By: Daniel Wong
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