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The Equifax Canada Q4 2024 Market Pulse Consumer Credit Trends Report highlights a troubling rise in mortgage delinquencies in Ontario, where missed payments have surged by over 50% compared to ...
“Delinquencies are really still rising on the mortgage side,” said Rebecca Oakes, vice-president of advanced analytics at Equifax Canada. “We’re still very concerned about those ...
More Ontario homeowners are missing their mortgage payments, according to new data, which suggests they are struggling with higher rates when they renew their loans. The province had a mortgage ...