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mortgage delinquency rateGlobal News
•70% Informative
Canada Mortgage and Housing Corp. says mortgage delinquency rate continues to rise in second quarter of 2024 .
Delinquency rate on mortgages is still “well below” the 0.28 per cent seen pre-pandemic in 2019 .
Auto loans saw a “significant increase” in delinquency rates in the second quarter , rising to 2.42 per cent from 2.11 per cent in previous quarter .
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