Mortgage delinquency rates rise in Ontario and B.C. while Alberta sees improvement
A new CMHC report shows mortgage delinquency rates are rising in Ontario and British Columbia but falling in Alberta.
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A new CMHC report shows mortgage delinquency rates are rising in Ontario and British Columbia but falling in Alberta.
The average 30-year fixed mortgage rate rose to 7.09% on Thursday, up from the previous day.
The number of homeowners in arrears fell 10% annually, while repossessions are at their lowest level since late 2024.
Manulife advertises both posted and discounted special rates for its mortgage products.