Month: August 2011

Aug/Sept 2011- Alberta Mortgage Arrears Skyrocket

Alberta Mortgage Arrears Skyrocket Although bankruptcy trends appear to be favorable with improvements in the provincial economy recent data from the Canadian Bankers Association shows mortgage delinquencies skyrocketing in Wild Rose Country. In spite of our economic strength provincially, the rate of mortgages in arrears in Alberta (.84%) is currently more than double the national…

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