In 2023, the delinquency rates of all types of mortgage lenders in Canada increased. As of the fourth quarter of the year, approximately 1.05 percent of loans in the loan portfolios of mortgage investment entities (MIEs) were classified as delinquent, which was a decrease from the 0.78 percent delinquency rate a year ago. A loan is reported by lenders as being delinquent after 270 days of late payments.
Delinquency rates of lenders in Canada from 2020 to 2023, by type
Characteristic
MIEs
Other non-bank lenders (MFCs, trusts, insurance companies)
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Canada Mortgage and Housing Corporation. (May 29, 2024). Delinquency rates of lenders in Canada from 2020 to 2023, by type [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1085831/delinquency-rates-of-lenders-in-canada-by-type/
Canada Mortgage and Housing Corporation. "Delinquency rates of lenders in Canada from 2020 to 2023, by type." Chart. May 29, 2024. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1085831/delinquency-rates-of-lenders-in-canada-by-type/
Canada Mortgage and Housing Corporation. (2024). Delinquency rates of lenders in Canada from 2020 to 2023, by type. Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1085831/delinquency-rates-of-lenders-in-canada-by-type/
Canada Mortgage and Housing Corporation. "Delinquency Rates of Lenders in Canada from 2020 to 2023, by Type." Statista, Statista Inc., 29 May 2024, https://www.statista.com/statistics/1085831/delinquency-rates-of-lenders-in-canada-by-type/
Canada Mortgage and Housing Corporation, Delinquency rates of lenders in Canada from 2020 to 2023, by type Statista, https://www.statista.com/statistics/1085831/delinquency-rates-of-lenders-in-canada-by-type/ (last visited August 25, 2024)
Delinquency rates of lenders in Canada from 2020 to 2023, by type [Graph], Canada Mortgage and Housing Corporation, May 29, 2024. [Online]. Available: https://www.statista.com/statistics/1085831/delinquency-rates-of-lenders-in-canada-by-type/
