|CIBC household credit analysis|
Jul 02, 2010 CIBC
Mortgage outstanding is still rising at close to 8% on a year-over-year basis, but the monthly pattern is currently running at the slowest pace seen since 2003. The reduced demand for mortgage credit is more notable among first time home buyers—a trend that is already visible in the brokerage channel...
You may help and contribute by posting your thoughts and adding comments to all articles. The Forum actively encourages your voice at any time. All opinions are appreciated.