Mortgage renewals wave set to drive delinquency rates up in 2025: CMHC
Videos
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Mortgage renewals wave set to drive delinquency rates up in 2025: CMHC
01:56 | November 4, 2024
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Mortgage renewals wave set to drive delinquency rates up in 2025: CMHC
01:56 | November 4, 2024
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Bank of Canada cuts key interest rate by 50 basis points amid ‘softer economic outlook’
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-
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02:34 | December 10, 2024
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Trump tariffs: Freeland ‘convinced economic realities’ of U.S.-Canada relationship will prevail
02:02 | December 10, 2024
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Canada doubles loan limit for secondary suites to $80K
02:03 | December 10, 2024
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Trump calls Trudeau ‘governor’ of the ‘Great State of Canada’
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Business Matters: Is another cut coming to Canada’s interest rate?
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Taylor Swift Vancouver Eras tour: Swifties unite for Night 1
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Unexpected jump in unemployment rate drives Canadian dollar down further
01:54 | December 6, 2024
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Fall economic statement will be delivered before end of year: Freeland
02:37 | December 6, 2024
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AI technology is ‘promising’ for job, economic growth: Freeland
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Business Matters: CRA confirms TFSA contribution limit for 2025
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Canada’s food prices predicted to rise 3-5% in 2025
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Food giant Cargill slashes 5% of global workforce
00:40 | December 3, 2024
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Freeland attributes lack of fall economic statement release to Conservative filibuster
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02:13 | December 2, 2024
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Mortgage renewals wave set to drive delinquency rates up in 2025: CMHC
Description
November 4, 2024
Canadian homeowners continue to face risks from a looming shock in mortgage renewals, even as the Bank of Canada lowers its benchmark interest rate, a report released Monday warns. The Canada Mortgage and House Corp. said that the mortgage delinquency rate — the proportion of Canadians who have missed payments on their mortgage — continued to rise in the second quarter of 2024. Anne Gaviola has more on this story as well as a round-up of the latest housing stories.
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Mortgage renewals wave set to drive delinquency rates up in 2025: CMHC01:56 | November 4, 2024
-
Bank of Canada cuts key interest rate by 50 basis points amid ‘softer economic outlook’02:33 | 6 hours ago
-
Bank of Canada to announce final interest rate decision of 202400:42 | 9 hours ago
-
Looking ahead to the government’s fiscal update05:12 | December 10, 2024
-
Freeland won’t say if deficit set to rise — but says budget remains ‘sustainable’01:33 | December 10, 2024
-
Business Matters: Canadian dollar bracing for impact from another interest rate cut02:34 | December 10, 2024
-
Trump tariffs: Freeland ‘convinced economic realities’ of U.S.-Canada relationship will prevail02:02 | December 10, 2024
-
Canada doubles loan limit for secondary suites to $80K02:03 | December 10, 2024
-
Trump calls Trudeau ‘governor’ of the ‘Great State of Canada’01:13 | December 10, 2024
-
What to expect from Ottawa’s fall fiscal update02:04 | December 9, 2024
-
Business Matters: Is another cut coming to Canada’s interest rate?01:59 | December 9, 2024
-
Taylor Swift Vancouver Eras tour: Swifties unite for Night 102:10 | December 6, 2024
-
Unexpected jump in unemployment rate drives Canadian dollar down further01:54 | December 6, 2024
-
Fall economic statement will be delivered before end of year: Freeland02:37 | December 6, 2024
-
AI technology is ‘promising’ for job, economic growth: Freeland02:37 | December 6, 2024
-
Business Matters: CRA confirms TFSA contribution limit for 202501:51 | December 6, 2024
-
As Bitcoin surges past $100,000 USD, is investing in it safe?01:50 | December 5, 2024
-
Canada’s food prices predicted to rise 3-5% in 202502:03 | December 5, 2024
-
Farewell freebies: Air Canada introducing new carry-on fees05:17 | December 5, 2024
-
Canada Post strike: Union workers ready for mediation00:32 | December 5, 2024
-
Business Matters: Royal Bank of Canada reports $4.22-billion Q4 profit, raises quarterly dividend02:12 | December 4, 2024
-
Judge blocks Elon Musk’s $56B Tesla pay package again01:26 | December 3, 2024
-
Food giant Cargill slashes 5% of global workforce00:40 | December 3, 2024
-
Freeland attributes lack of fall economic statement release to Conservative filibuster01:02 | December 3, 2024
-
Holiday beauty gifts that’ll sleigh this season07:43 | December 3, 2024
-
Trudeau-Trump meeting fuels Keystone XL revival speculation01:57 | December 2, 2024
-
Canada to beef up border security amid Trump tariff threats02:13 | December 2, 2024
-
Canada Post strike has cost small businesses $765M: CFIB01:47 | December 2, 2024
-
Trudeau ‘came back empty-handed’ from Trump meeting: NDP05:23 | December 2, 2024
-
What was discussed at the Trump-Trudeau dinner meeting?03:36 | November 30, 2024
-
Canada’s GST ‘tax holiday’ moves closer to becoming law01:59 | November 29, 2024
-
Trudeau says ‘no question’ Trump plans to follow through on tariff threat01:27 | November 29, 2024
-
Mortgage renewals wave set to drive delinquency rates up in 2025: CMHC01:56 | November 4, 2024
-
Bank of Canada cuts key interest rate by 50 basis points amid ‘softer economic outlook’02:33 | 6 hours ago
-
Bank of Canada to announce final interest rate decision of 202400:42 | 9 hours ago
-
Looking ahead to the government’s fiscal update05:12 | December 10, 2024
-
Freeland won’t say if deficit set to rise — but says budget remains ‘sustainable’01:33 | December 10, 2024
-
Business Matters: Canadian dollar bracing for impact from another interest rate cut02:34 | December 10, 2024
-
Trump tariffs: Freeland ‘convinced economic realities’ of U.S.-Canada relationship will prevail02:02 | December 10, 2024
-
Canada doubles loan limit for secondary suites to $80K02:03 | December 10, 2024
-
Trump calls Trudeau ‘governor’ of the ‘Great State of Canada’01:13 | December 10, 2024
-
What to expect from Ottawa’s fall fiscal update02:04 | December 9, 2024
-
Business Matters: Is another cut coming to Canada’s interest rate?01:59 | December 9, 2024
-
Taylor Swift Vancouver Eras tour: Swifties unite for Night 102:10 | December 6, 2024
-
Unexpected jump in unemployment rate drives Canadian dollar down further01:54 | December 6, 2024
-
Fall economic statement will be delivered before end of year: Freeland02:37 | December 6, 2024
-
AI technology is ‘promising’ for job, economic growth: Freeland02:37 | December 6, 2024
-
Business Matters: CRA confirms TFSA contribution limit for 202501:51 | December 6, 2024
-
As Bitcoin surges past $100,000 USD, is investing in it safe?01:50 | December 5, 2024
-
Canada’s food prices predicted to rise 3-5% in 202502:03 | December 5, 2024
-
Farewell freebies: Air Canada introducing new carry-on fees05:17 | December 5, 2024
-
Canada Post strike: Union workers ready for mediation00:32 | December 5, 2024
-
Business Matters: Royal Bank of Canada reports $4.22-billion Q4 profit, raises quarterly dividend02:12 | December 4, 2024
-
Judge blocks Elon Musk’s $56B Tesla pay package again01:26 | December 3, 2024
-
Food giant Cargill slashes 5% of global workforce00:40 | December 3, 2024
-
Freeland attributes lack of fall economic statement release to Conservative filibuster01:02 | December 3, 2024
-
Holiday beauty gifts that’ll sleigh this season07:43 | December 3, 2024
-
Trudeau-Trump meeting fuels Keystone XL revival speculation01:57 | December 2, 2024
-
Canada to beef up border security amid Trump tariff threats02:13 | December 2, 2024
-
Canada Post strike has cost small businesses $765M: CFIB01:47 | December 2, 2024
-
Trudeau ‘came back empty-handed’ from Trump meeting: NDP05:23 | December 2, 2024
-
What was discussed at the Trump-Trudeau dinner meeting?03:36 | November 30, 2024
-
Canada’s GST ‘tax holiday’ moves closer to becoming law01:59 | November 29, 2024
-
Trudeau says ‘no question’ Trump plans to follow through on tariff threat01:27 | November 29, 2024
Mortgage renewals wave set to drive delinquency rates up in 2025: CMHC
Description
November 4, 2024
Canadian homeowners continue to face risks from a looming shock in mortgage renewals, even as the Bank of Canada lowers its benchmark interest rate, a report released Monday warns. The Canada Mortgage and House Corp. said that the mortgage delinquency rate — the proportion of Canadians who have missed payments on their mortgage — continued to rise in the second quarter of 2024. Anne Gaviola has more on this story as well as a round-up of the latest housing stories.
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