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What's happening to all the Mortgage Delinquencies in the GTA?

Wednesday, December 20, 2023   /   by Rob Mills

What's happening to all the Mortgage Delinquencies in the GTA?

Despite rising interest rates and inflation impacting everyones pocket Mortgage Delinquency rates are still at record lows, especially compare to the long term average.  Whilst they have ticked up slightly they still remain at 0.16%.   

Banks are not interested in taking peoples homes, and will work with owners to find a solution that works.  With rates looking likely to drop in the near future, this is great news for the GTA real estate market health.
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  real estate, advice, buyer, seller, market conditions

Your GTA Properties
Michael Bertolli And Rob Mills
101 Brock Street S. 3rd Floor
Whitby, ON L1N 3J9
416-319-4299

Information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS®. Copyright 2024 Last Updated April 18, 2024
Information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS®. Copyright 2024 Last Updated April 18, 2024
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