Want to dodge the debt cliff? Extend mortgage deferrals until the job market recovers

Author: External Author | | Categories: First Time Buyer Mortgage , Mortgage Broker , Mortgage Pre-Approval , Mortgage Refinancing , Mortgage Services

Housing markets in Canada are on the mend. Sales data from the Greater Toronto Area showed considerable increases in sales and prices in August. With the mortgage deferral programs set to expire in September and October, housing market recovery might lose steam or even face significant challenges. 

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Original Article Source Credits:   FinancialPost , https://financialpost.com/

Article Written By:  Haider-Moranis Bulletin

Original Article Posted on:  Sep 04, 2020

Link to Original Article:  https://financialpost.com/real-estate/want-to-dodge-the-debt-cliff-extend-mortgage-deferrals-until-the-job-market-recovers