National delinquency rate drops but continues to rise in Ontario and BC
While the national mortgage delinquency rate decreased in the second quarter of 2025 for the first time in three years to 0.22%, pockets of financial stress remain, particularly in Ontario. This according to Canada Mortgage and Housing Corporation's (CMHC) latest Residential Mortgage Industry Report (RMIR). The quarter-over-quarter decrease in the national delinquency rate was led […]