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Alberta Mortgages In Arrears: September 2011
The number of Alberta residential mortgages in arrears continued to drop in September according to statistics released today by the Canadian Banker’s Association. There were a total of 3,928 mortgages that were in arrears 3 or more months representing 0.75% … Continue reading21Oct/11Off
Canadian Mortgages in Arrears At 2 Year Low
The number of residential mortgages in arrears continues to drop according to the most recent statistics released by the Canadian Bankers Association. In August 2011 there were 16,761 mortgages in arrears in Canada, representing just 0.40% of the total mortgages. That … Continue reading27Sep/09Off
Mortgage Arrears (July 2009)
The Canadian Bankers Association released July’s statistics for Canadian mortgages in arrears. Their definition of mortgage arrears is 3 or more months and includes data from the following banks: BMO CIBC HSBC Bank Canada National Bank of Canada RBC Royal Bank Scotiabank TD Canada Trust In comparison, Ontario by far has the most residential mortgages in arrears but is easily explained by [...]