Canadians are currently bearing nearly record levels of household debt. However homeowners are thriving at delinquency rates improve, according to an article by Katia Dmitrieva for Bloomberg.

Mortgage delinquency rates and credit scores improved in the fourth quarter of 2016, and homeowners were less likely to default or file for bankruptcy, the article states.

From the <a href=”https://www.bloomberg.com/news/articles/2017-07-18/canadians-managing-mortgages-despite-soaring-household-debt-load” ta…
Real Estate