CIBC reports rising mortgage delinquencies, but doesn’t expect “material” losses + MORE Mar 4th

Obtaining a mortgage or secured line of credit in Canada at the best rates is often a daunting task. We can help! Read the articles below for more info.
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Michael Ellenzweig aspired to be a mortgage broker ever since the age of 13. The rest, as they say, was history.

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CIBC reported a rise in mortgage delinquencies in the first quarter, though they still remain below pre-pandemic levels and aren’t expected to translate into “material” losses, the bank said.

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