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Mortgage delinquencies in Canada are making headlines, with reports saying they’re “up 30%.” But what does that really mean?
Defaults have risen, but that’s still below Canada’s historical “normal” range. Even during the 1980s peak, it wasn't that bad. By comparison, the U.S. sits much higher.
The truth? The rise looks dramatic in percentages, but the actual risk level is still very low. Context matters more than the headline.
Stay informed, not alarmed.
Watch this podcast on YouTube:
https://youtu.be/IgB2HrLgxlI
Schedule a 15-minute appointment to chat with me here:
https://www.broadviewavenue.ca/appointments
Download our guides here:
How to Ask Your Parents For Help: https://www.broadviewavenue.ca/family-support-for-fthb
The Toronto Professional's Guide to Real Estate Investing: https://www.broadviewavenue.ca/guide-download
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Subscribe now to keep updated for more information.
If you want to chat with us, do the following:
1. Send an email at [email protected]; or
2. Send a direct message on my Instagram account below; or
3. Book an appointment for a 15-minute video chat using the link on our website.
If you’re not ready to reach out and just want to follow for more, find us online:
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Web: http://www.broadviewavenue.ca
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By Kenneth Yim from Broadview Avenue Group TorontoMortgage delinquencies in Canada are making headlines, with reports saying they’re “up 30%.” But what does that really mean?
Defaults have risen, but that’s still below Canada’s historical “normal” range. Even during the 1980s peak, it wasn't that bad. By comparison, the U.S. sits much higher.
The truth? The rise looks dramatic in percentages, but the actual risk level is still very low. Context matters more than the headline.
Stay informed, not alarmed.
Watch this podcast on YouTube:
https://youtu.be/IgB2HrLgxlI
Schedule a 15-minute appointment to chat with me here:
https://www.broadviewavenue.ca/appointments
Download our guides here:
How to Ask Your Parents For Help: https://www.broadviewavenue.ca/family-support-for-fthb
The Toronto Professional's Guide to Real Estate Investing: https://www.broadviewavenue.ca/guide-download
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
Subscribe now to keep updated for more information.
If you want to chat with us, do the following:
1. Send an email at [email protected]; or
2. Send a direct message on my Instagram account below; or
3. Book an appointment for a 15-minute video chat using the link on our website.
If you’re not ready to reach out and just want to follow for more, find us online:
YouTube: https://www.youtube.com/kennethyimhomes?sub_confirmation=1
Instagram: https://www.instagram.com/kennethyimhomes
TikTok: https://www.tiktok.com/@kennethyimhomes
LinkedIn: https://www.linkedin.com/in/kennethyimhomes
Facebook: https://www.facebook.com/BroadviewAvenue
Web: http://www.broadviewavenue.ca
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