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TwitterIn 2023, the delinquency rates of all types of mortgage lenders in Canada increased. As of the fourth quarter of the year, approximately 1.05 percent of loans in the loan portfolios of mortgage investment entities (MIEs) were classified as delinquent, which was a decrease from the 0.78 percent delinquency rate a year ago. A loan is reported by lenders as being delinquent after 270 days of late payments.
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TwitterThe share of mortgages in arrears in Canada reached an all-time low in 2022, followed by an increase until 2025. As of **********, the rate of mortgage arrears was **** percent, up from **** percent in September 2022.
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Twitterhttps://www.ontario.ca/page/open-government-licence-ontariohttps://www.ontario.ca/page/open-government-licence-ontario
Data on the number of OSAP loan recipients who received repayment assistance:
Data is presented at the following levels:
Data fields are:
"https://osap.gov.on.ca/OSAPPortal/en/PlanYourEducation/ChooseaCareerSchoolProgram/PRDR022574.html">Get more information about OSAP loan default rates.
*[OSAP]: Ontario Student Assistance Program
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Facebook
TwitterIn 2023, the delinquency rates of all types of mortgage lenders in Canada increased. As of the fourth quarter of the year, approximately 1.05 percent of loans in the loan portfolios of mortgage investment entities (MIEs) were classified as delinquent, which was a decrease from the 0.78 percent delinquency rate a year ago. A loan is reported by lenders as being delinquent after 270 days of late payments.