Episode Details
Back to EpisodesMortgage Delinquency Warning Signs & Why Household Debt Matters
Published 6 months ago
Description
Mortgage delinquency is often measured by payments that are 90 days overdue, but mortgages are usually the last debt people fall behind on. CMHC’s Aled ab Iorwerth explains the broader risks of Canada’s high household debt levels and the early indicators that financial stress may be building.