Why banks are bracing for a mortgage renewal cliff | About That - News Summed Up

Why banks are bracing for a mortgage renewal cliff | About That


Why banks are bracing for a mortgage renewal cliff | About ThatNewsDuration 12:57Canada's Big Six banks are adding billions of dollars to their emergency funds as mortgage renewals approach for more than three quarters of homeowners. Andrew Chang explains why the banks are preparing for more delinquencies, and who's most at risk.


Source: CBC News June 07, 2024 10:39 UTC



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