Nick & Dan are joined by Tania Bourassa-Ochoa, Deputy Chief Economist at CMHC, who authored the recent report on the mortgage renewal wave.

Over 1.5 million Canadians have already renewed at higher rates, with another million coming. While Toronto arrears have quadrupled, nationally only 0.25% of mortgages are in arrears.
1.5 million households renewed, 1 million more coming — the largest renewal wave in modern Canadian history⁠⁠​
Toronto and Vancouver are most stressed, particularly pandemic buyers, but most Canadian homeowners are still paying⁠⁠​
 Despite rising arrears, only 0.25% of mortgages nationally are in arrears — this isn't a nationwide housing collapse⁠⁠

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Nick &amp; Dan are joined by Tania Bourassa-Ochoa, Deputy Chief Economist at CMHC, who authored the recent report on the mortgage renewal wave.
Over 1.5 million Canadians have already renewed at higher rates, with another million coming. While Toronto arrears have quadrupled, nationally only 0.25% of mortgages are in arrears.
<ul>
<li>1.5 million households renewed, 1 million more coming &mdash; the largest renewal wave in modern&nbsp;Canadian history⁠<a href="https://www.notion.so/379-CMHC-Interview-30477b52a03d80a9ac3de268dd83b065?pvs=53#30477b52a03d8070a080fb4988a15ebf" data-token-index="2" data-citation-token-block-id="30477b52-a03d-8070-a080-fb4988a15ebf"></a>⁠​</li>
<li>Toronto and Vancouver are most stressed, particularly pandemic buyers, but most Canadian homeowners are still paying⁠<a href="https://www.notion.so/379-CMHC-Interview-30477b52a03d80a9ac3de268dd83b065?pvs=53#30477b52a03d80d69e9fd1cdc6d1e213" data-token-index="2" data-citation-token-block-id="30477b52-a03d-80d6-9e9f-d1cdc6d1e213"></a>⁠​</li>
<li>&nbsp;Despite rising arrears, only 0.25% of mortgages nationally are in arrears &mdash; this isn't a nationwide housing collapse⁠<a href="https://www.notion.so/379-CMHC-Interview-30477b52a03d80a9ac3de268dd83b065?pvs=53#30477b52a03d80e5896edd8e23e69a62" data-token-index="2" data-citation-token-block-id="30477b52-a03d-80e5-896e-dd8e23e69a62"></a>⁠</li>
</ul>
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The Podcast For Canadian Real Estate Investors.

The podcast features in depth discussion around investing in real estate, ongoing news in the Canadian real estate market, how to structure deals and grow your portfolio.
Show hosts Daniel Foch and Nick Hill bring experience, fresh takes, well-researched information and entertainment to a real estate investing podcast for Canadians.

The Podcast For Canadian Real Estate Investors.
The podcast features in depth discussion around investing in real estate, ongoing news in the Canadian real estate market, how to structure deals and grow your portfolio. Show hosts Daniel Foch and Nick Hill bring experience, fresh takes, well-researched information and entertainment to a real estate investing podcast for Canadians.

The Canadian Real Estate Investor

The Podcast For Canadian Real Estate Investors.

The podcast features in depth discussion around investing in real estate, ongoing news in the Canadian real estate market, how to structure deals and grow your portfolio.

Show hosts Daniel Foche and Nick Hill bring experience, fresh takes, well-researched information and entertainment to a real estate investing podcast for Canadians.

The Podcast For Canadian Real Estate Investors.
The podcast features in depth discussion around investing in real estate, ongoing news in the Canadian real estate market, how to structure deals and grow your portfolio.
Show hosts Daniel Foche and Nick Hill bring experience, fresh takes, well-researched information and entertainment to a real estate investing podcast for Canadians.