• Homeowners counting on mortgage payments being deferred beyond the six-month break they have received during the pandemic might want to reconsider, as home-loan insurers that have permitted postponements appear cool towards extending the holiday.

    Case in point: Canada Mortgage and Housing Corp. The federal housing agency allowed lenders to offer six-month payment deferrals on the loans it insures against borrowers defaulting, but the Crown corporation also told the Canadian Credit Union Association (CCUA) last month that a half-year break was likely enough.

    Read the full article on Financial Post here >> 

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