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Up to 20% of Canadian Mortgages at Higher Risk of Defaulting: RBC

Author: External Author | | Categories: Bank Mortgage , Builder Mortgage , First Time Home Buyer Mortgage , Mortgage Broker , Mortgage Refinance , New to Canada Mortgage Program , Reverse Mortgage

While September was an otherwise busy month for real estate activity across the country, RBC Capital Market analysts say between up to 20% of mortgages currently under deferral are at a higher risk of default.

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Original Article Source Credits:   Toronto Storeys ,

Article Written By:  Ainsley Smith

Original Article Posted on:  NA

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