Canadian Mortgage Growth Is Surging Higher, And Hasnt Done This In Over 2 Years

Author: External Author | | Categories: Debt Consolidation , First Time Buyer Mortgage , Investment Property , Mortgage Broker , Mortgage Pre-Approval , Mortgage Rates , Mortgage Refinancing , Mortgage Services

Canadian real estate sales are rising from last year’s anemic levels, and so is mortgage debt. Bank of Canada (BoC) numbers show outstanding mortgage credit reached a new high in August. More surprising is mortgage credit growth is actually accelerating into the fall. For the first-time in years, annual growth is now bigger than the year before.

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Original Article Source Credits: Better Dwelling  ,

Article Written By: Daniel Wong

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