CMHC's Canadian Housing Exposure

According to the CMHC, Canadians are doing a better job paying down their mortgages today than they were a year ago. But how can this be with interest rates and mortgage renewals at 20 year highs?

In today’s video, Surrey Real Estate Specialist, Steve Karrasch of Macdonald Realty takes a closer look at CMHC’s recent statements regarding the current real estate landscape when it comes to mortgage payments.

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