Prior to COVID-19, Canadians and Canadian homeowners were showing their strongest financial fitness to date. Social isolation, job loss, remote work and other sacrifices resulted in a decline on Canadians’ financial fitness overall, but by less than it certainly would have been without federal government programs and mortgage deferrals. Getting Canadians back
to work and reinforcing homebuyer confidence will be the critical next steps.
The information included is a snapshot of Canadians' Homeownership Attitudes and Financial Fitness through 3 demographics; Behaviour of Canadians. Behaviour of Millennials & Behaviour of New Canadians, enjoy!
For more information about obtaining your next mortgage with The Westlake Team and using our servicing be it residential mortgage for purchase, mortgage for refinance or mortgage for renewal, please email scott@thewestlaketeam.com or text/call 416-436-1135