Mortgage delinquencies increased over 90% in Q4 in Ontario in 2024!
Is this a sign of things to come to Nova Scotia? Why are delinquencies on the rise? Is it because of Ontario's high home prices and the rise of interest rates? Are mortgage renewals at a higher interest rate effecting homeowners ability to make their mortgage payments? Is it the cost of living crisis? Is this a blip?
Is this a canary in the coal mines for Nova Scotia? A sign of things to come our way in a few months time?
Jason Paul
902-220-7357
jason@infinityrealestategroup.ca
@jasonpaulhalifaxrealtor
Matt Legatto
902-240-3304
matthew.legatto@indimortgages.ca
