Day: June 3, 2025

GTA Leads as RBC Reports Surge in Mortgage Delinquencies

    RBC has observed a notable uptick in mortgage delinquencies, particularly within the Greater Toronto Area (GTA), signaling emerging financial stress among homeowners. In its second-quarter earnings report, the bank revealed that the 90-day mortgage delinquency rate rose to 0.30%, up from 0.28% in the first quarter and 0.19% in the same period the […]

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