Mortgage deferrals will soon end for many Canadians. Then what?
Six-month mortgage deferrals for borrowers struggling with the financial impact of the novel coronavirus pandemic will be over for many in the fall. How many of those deferrals will turn into defaults is one of the questions hanging over the future of Canada’s economic recovery.
Original Article Source Credits: Global News , https://globalnews.ca/
Article Written By: Erica Alini
Original Article Posted on: August 26, 2020
Link to Original Article: https://globalnews.ca/news/7286008/coronavirus-mortgage-deferrals-end-canada/