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0 0 0.00222717149220493 -0.00334075723830732 -0.00334075723830732 0.000278396436525676 0.000278396436525676 -0.00734966592427613
Stock impact report

Despite growing financial pressures, Canadians are still reliably paying their mortgages [Yahoo! Finance Canada]

Equifax, Inc. (EFX) 
Last equifax, inc. earnings: 4/20 05:24 pm Check Earnings Report
US:NYSE Investor Relations: investor.equifax.com
About 83 per cent of Canadian homeowners say they have never missed a mortgage payment, according to a survey from brokerage True North Mortgage Inc., released on Tuesday. Still, that doesn't mean households aren't facing financial strain. More than one-third of respondents say it has been challenging to keep up mortgage payments over the past year. “It hasn't been an easy year for homeowners,” said Dan Eisner, chief executive of True North Mortgage. “There's been a lot of trade and tariff talk over the last year, which is creating a lot of will-they, won't-they indecision for home buyers, and then interest rates have moved around quite a bit.” Canadian government five-year bond yields have also surged recently amid the war on Iran, which Eisner said is already affecting the five-year fixed mortgage rate. “Signs of financial stress are evident,” said Tania Bourassa-Ochoa, deputy chief economist at the Canadian Mortgage and Housing Corporation (CMHC). “Canadian households are Show less Read more
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