Mortgage lending among top risks facing financial system: OSFI

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 20 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 63%

Interest Rates News

Financial System,OSFI,Liquidity Risks

OTTAWA — Canada's banking regulator says real estate secured lending and mortgages are among the top risks facing the country's financial system as higher...

OTTAWA — Canada's banking regulator says real estate secured lending and mortgages are among the top risks facing the country's financial system as higher interest rates put pressure on borrowers.

The regulator says it expects the payment increases to lead to a higher incidence of residential mortgage loans falling into arrears or default. People Are Sharing Famous Companies That Went Bankrupt Over Dumb Decisions, And Now I Finally Know What Happened To Circuit City A Once-in-a-Generation Investment Opportunity: 1 High-Yield Dividend Stock to Buy Now and Hold Forever This May

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in PROPERTY

Property Property Latest News, Property Property Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

B.C. residents paying more for mortgages while taking out fewer of themCanada Mortgage and Housing Corporation, Equifax Canada reports find B.C. residents struggling
Source: TerraceStandard - 🏆 24. / 68 Read more »