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

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

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Publish Date:
7 June, 2024
Category:
Mortgages
Video License
Standard License
Imported From:
Youtube

Canada'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.

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