When it Comes to Mortgage Fraud, Lenders Must Stay Vigilant mortgageorb.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mortgageorb.com Daily Mail and Mail on Sunday newspapers.
Most consumers are cutting back on credit card debt as mortgage volume reaches unprecedented levels. Overall consumer debt stands at $2.08 trillion, up 0.62% from the last quarter of 2020 and up 4.78% from the first quarter of 2020.
New mortgages are up 41.2% in Q1 of 2021 compared to Q1 of 2020. The average limit on new mortgages also grew 20.5% to $326,930 year-over-year. A large portion of the new mortgage growth was driven by B.C. and Ontario, which saw jumps of 59.2% and 44.3% in volume respectively compared to Q1 of 2020.
COVID-19 : vers une réduction des dettes conseiller.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from conseiller.ca Daily Mail and Mail on Sunday newspapers.
Forte hausse des prêts hypothécaires au Canada lapresse.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lapresse.ca Daily Mail and Mail on Sunday newspapers.