CMHC: Much of new mortgages still come from the big banks

Author: External Author | | Categories: First Mortgage , Mortgage Agent , Mortgage Broker , Private Mortgages , Real Estate

The largest share of new mortgages in Canada is still with the big banks, according to the Canada Mortgage and Housing Corporation.

In its recently released annual Residential Mortgage Industry Report, CMHC said that the largest banks originated approximately 67% of new mortgages across Canada last year.

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Original Article Source Credits:   MortgageBrokerNews,

Article Written By:  Ephraim Vecina

Original Article Posted on:  25 Sep 2020

Link to Original Article:

  • Mortgage Agent Prince George
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