Tag: canadian mortgage arrears
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Canadian Mortgage Arrears Hit A 5-Year High
February 3, 2026 Canadian households are starting to feel the strain of higher borrowing costs, and the country’s major banks are seeing it show up in their books. New data from the Canadian Bankers Association (CBA) reveals that the national mortgage arrears rate increased again in November, reaching its highest level in five years. While…
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Canadian Mortgage Arrears Hit a 5-Year High
Canadian mortgage arrears climbed to their highest level in five years in October 2025, according to new data from the Canadian Bankers Association (CBA). At the same time, Canada’s largest banks are holding fewer mortgages overall, a rare contraction that suggests lenders are actively reducing exposure as borrower stress builds. While headline arrears rates remain…
Canada Housing Market 