Lending
Www Morgagesmortgagelending Tag Converse Morgages Mortgage Lending Canadians' mortgage debt falls - Winnipeg Free Press
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But the average equity of homeowners in their homes was 45 per cent, compared to 44 per cent for the same period last year.
CMHC says only 0.42 per cent of CMHC mortgages were in arrears during the period, a rate in line with the industry trend.
The government's housing agency believes mortgage rates will remain relatively flat until late 2012.
-- The Canadian Press
Republished from the Winnipeg Free Press print edition November 30, 2011 B6
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