Vancouver’s soaring real estate prices helped to send mortgage delinquencies to a new low, but it’s not the good news you think it is.
Vancouver’s Mortgage Delinquencies Hit A Record Low
Toronto Real Estate Sets A New Record Low For Mortgage Delinquencies
The high liquidity of Toronto real estate has sent mortgage defaults to record lows, here’s why this might be a problem.
BC Late Mortgage Payments Fall 29% In April
Vancouver’s crazy real estate market is spreading to the burbs, and sending late mortgage payments across the province even lower.
Ontario’s Late Mortgages Are Now At The Same Level Before The 1990 Crash
Last time late mortgage payments in Ontario were this low, Toronto real estate crashed. Late payments then escalated *really* fast.
Shady Marketing, or Does Vancouver Have 357 Foreclosed Homes For Sale?
A website has popped up advertising foreclosed Vancouver real estate listings, but how did the agent find so many? They didn’t.
Late Mortgage Payments In Ontario Fall To The Lowest Since The 1990 Crash
Mortgages in Ontario ticked down to the lowest level since just before the Toronto real estate crash of 1990.
As Mortgage Rates Go Up In The US, Credit Ratings Are Going Down
US real estate firm CoreLogic has observed that as mortgage rates climb, credit ratings have started to slide across America.
Bank of Canada Flags Risks Associated With Traditional Mortgages
High-ratio borrowers have always been a concern, but the the Bank of Canada is now highlighting risks associated with traditional mortgages.
The Cost of Buying A Million Dollar Home In Canada Has Dropped By Over 20%
The cost of buying a million dollar piece of Canadian real estate has dramatically declined over the past decade.
3.1 Million US Homes Still Have Negative Equity From The Recession
Homeowners are starting to recover from the US real estate bubble that burst in 2008, but over 10 million mortgages have little to no equity.