Equifax Reports Average New Mortgage Size Surges 18%
Equifax reports that borrowers, on average, are taking out mortgages to the tune of $360,000 as of the 3rd quarter.
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Equifax reports that borrowers, on average, are taking out mortgages to the tune of $360,000 as of the 3rd quarter.
While Canadian homeowners have on average $359,597 in mortgage debt, they are still generally dealing better with the costs of living than non-owners, according to a…
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Ever since the introduction of a new mortgage stress test in January, Canadians’ mortgage debt levels have been on the decline, and last quarter was
While the Canadian household debt balance has broken all previous records by reaching a total of $2.13 trillion in July (up by 3.77% compared to…