#Canada Mortgage: Defaults to Jump, Originations to Tumble, Sales to “Suffer”
-New mortgage originations could fall by 35-40% Q2 & 3
-Moody’s forecasting a 10% decline in home prices
-Material increase in delinquency rates when mortgage deferrals expirehttps://t.co/BiJDuOthiZ pic.twitter.com/Js6dhDKOqV
— Tracy Shuchart (𝒞𝒽𝒾 ) (@chigrl) May 9, 2020