Household credit strain is creeping in at the edges, and CIBC economist Benjamin Tal says it could spread to mortgages as payment shocks peak next year.
Early cracks in household credit hint at mortgage stress by 2026, CIBC’s Benjamin Tal warns
Subscribe to newsletter
Subscribe to receive the latest blog posts to your inbox every week.
By subscribing you agree to with our Privacy Policy.
Related posts
View All
Mortgage brokers anticipate fierce competition as housing market heats up
Lower interest rates create a competitive landscape for brokers and sellers
Read More
How inflation is impacting Canadians’ retirement plans
New BMO survey showed rising prices forcing tradeoffs between housing costs and retirement security
Read More
Bond traders eye make-or-break data to chart Fed’s next move
Bond traders are bracing for a deluge of data that will solidify expectations for how quickly the Federal Reserve will continue the interest-rate cuts that…
Read More