Canada Mortgage and Housing Corp. said today that 81% of recent homebuyers are “comfortable” with the level of their mortgage debt. The survey also found that more than two-thirds of respondents plan to pay off their mortgage early. Government-owned CMHC released the result of its survey of 2,500 active mortgage users in an e-mailed statement.
CMHC says 81% of Canadians are comfortable with mortgage debt
April 26, 2010, 11:53am
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
Most Popular Articles
Latest Articles
HomeLight survey highlights affordability pressures tied to consumer debt
HomeLight survey reveals rising consumer debt ratios, affordability challenges in the 2025 housing market and insights on debt consolidation.
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio