Tag: housing market challenges

• Canadians Falling Behind on Mortgages and Loans, Says Equifax

  

  A recent Equifax Canada report reveals a significant increase in mortgage and loan delinquencies across Ontario, highlighting growing financial strain among homeowners. In the first quarter of 2025, Ontario’s 90+ day mortgage delinquency rate rose to 0.24%, marking a 71.5% increase compared to the same period in 2024. This surge is attributed to homeowners facing…

  Kaleylangille

  May 30, 2025

  alberta, ontario, Uncategorized

  consumer debt Canada, Equifax Canada report, financial strain, housing market challenges, interest rate impact, mortgage renewals, non-mortgage delinquencies, Ontario mortgage delinquencies, rising debt levels