CMHC REPORT: FEWER MORTGAGES IN ARREARS

As a result of prudent mortgage lending practices, the number of mortgages in arrears in Canada has been trending downward, according to a report released recently by Canada Mortgage and Housing Corporaton (CMCH).  The report, the Canadian Housing Observer, reveals the downward trend and other information.  To view the summary, visit www.cmhc.ca and click on Newsroom and News Releases to find "CMHC releases its 10th anual review of the state of housing in Canada."

Harold Kewley

Harold Kewley

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CENTURY 21 Network Realty Ltd., Brokerage*
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