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25 Jun

Great Mortgage Market Report – for those who like detailed information

General

Posted by: Chris LeMay

 

Here is an interesting overview of the Canadian Mortgage Market

written by TD Securites’ Eric Lascelles

 

Click here to read the report

 

Highlights:

68% of Canadian households own their homes

1% of Canadian mortgage holders have negative equity in their home

Home equity withdrawal remains relatively contained

Canadian mortgages in arrears by 3 or more months at 0.44% in March 2010

 

These look like good, healthy stats for Canadian Mortgage Holders