Market Pulse consumer credit trends

Mortgage defaults - Equifax

Mortgage market braces for impact as one million renewals loom and defaults climb

March 13, 2025 No Comments

Canada’s mortgage market is rebounding, with new originations up 39% year-over-year, according to Equifax’s latest Q4 Consumer Trends report.

Mortgage credit sets new record

Mortgage volumes fell in Q2 as credit card debt rose: Equifax

September 11, 2022 1 Comment

Canadian borrowers applied the brakes to mortgage borrowing in the second quarter while ramping up non-mortgage debt.

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