mortgage credit

Average mortgage loan rises in Q3 says Equifax

Average New Mortgage Size Surges 18% in Third Quarter: Equifax

December 1, 2021 No Comments

The average new mortgage being taken out by today’s borrowers surged to $360,000 as of the third quarter, Equifax reports.

Record Mortgage Growth and Higher HELOC Usage in Q2

August 31, 2021 No Comments

Driven by a strong housing market and low interest rates, mortgages saw record growth across the country in the second quarter. Nationwide, volume was up

Mortgage Debt Grew at its Fastest Monthly Pace Ever in June

August 20, 2021 No Comments

Mortgage debt in Canada soared above $1.7 trillion in June, growing at a monthly pace never before seen, according to Statistics Canada. The new figures