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Category: Purchase

Big Banks Still Dominate Mortgage Market Share, Says CMHC

Big Banks Still Dominate Mortgage Market Share, Says CMHC

Big banks originate nearly 7 out of 10 (67%) of new Canadian mortgages, although their market share has fallen slightly from last year, according to CMHC. Of total mortgages outstanding, the big banks hold 72% of those loans, down from 75% in 2018, according to the latest Residential Mortgage Industry Report released by the Canada Mortgage and Housing Corporation (CMHC). Their average loan in 2019 was $220,650, with interest rates ranging from 3.10% to 5.20% and a delinquency rate of […]

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Tely2020

#StayHomeTely2020

Registration period: September 1 – September 30, 2020 Challenge period: begin, complete, and submit your activity between September 15 and November 15, 2020. Kids Tely-10

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