It has actually declined. It's 0.25%. It's very low, partly because house prices continue to increase in some markets. People have more equity. The employment picture for homeowners, at least, is very strong.
October 30th, 2023 / 11:55 a.m.
President and Chief Executive Officer, Canada Mortgage and Housing Corporation
It has actually declined. It's 0.25%. It's very low, partly because house prices continue to increase in some markets. People have more equity. The employment picture for homeowners, at least, is very strong.
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