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Canadian households took on $9.1B in new mortgage debt in April - Mortgage Rates & Mortgage Broker News in Canada

Summary by Mortgage Rates & Mortgage Broker News in Canada
Mortgage debt growth accelerated in April as Canadian households added $9.1 billion in new borrowing, even as non-mortgage credit slowed to its weakest pace in months.
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Mortgage Rates & Mortgage Broker News in CanadaMortgage Rates & Mortgage Broker News in Canada

Canadian households took on $9.1B in new mortgage debt in April - Mortgage Rates & Mortgage Broker News in Canada

Mortgage debt growth accelerated in April as Canadian households added $9.1 billion in new borrowing, even as non-mortgage credit slowed to its weakest pace in months.

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Mortgage Rates & Mortgage Broker News in Canada broke the news in on Wednesday, June 18, 2025.
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