CBA on how many mortgages remain deferred at Canada's largest banks

Author: External Author | | Categories: First Time Home Buyer Mortgage , Investment Property Mortage , Mortgage Broker , Mortgage Refinance , Mortgage Renewal , Private Mortgage , Reverse Mortgage , Second Mortgage

According to the Canadian Bankers Association, more than half of borrowers have already resumed their regular payment schedules after entering deferral agreements with their lenders earlier this year. But approximately 297,000 mortgages with the country’s largest banks remained in some state of deferral as of September 30.

Original Article Source Credits:   MortgageBrokerNews.ca , https://www.mortgagebrokernews.ca/

Article Written By:  Ephraim Vecina 

Original Article Posted on:  18 Nov 2020

Link to Original Article:  https://www.mortgagebrokernews.ca/news/cba-on-how-many-mortgages-remain-deferred-at-canadas-largest-banks-335353.aspx

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