OTTAWA, July 17, 2017 /CNW/ - As part of an on-going effort to better understand factors influencing housing systems in Canada, Canada Mortgage and Housing Corporation (CMHC) will release a new national quarterly report based on credit reporting agency data – Mortgage and Consumer Credit Trends.
This report follows Homeowners' Debt at a Glance and offers a deeper into credit trends and developments. This latest report looks at trends in the mortgage market including new loans, other debt, monthly obligations and mortgage distribution by age as well as risks such as delinquency in mortgages and other credit, credit score and bankruptcy.
Mortgage and Consumer Credit Trends will be made available on Tuesday, July 18th at 9:00 am Eastern Time through the Housing Observer Online.
SOURCE Canada Mortgage and Housing Corporation
For further information: Audrey-Anne Coulombe, CMHC Media Relations, (613) 748-2573, firstname.lastname@example.org