Scotiabank expects credit losses to worsen with over $200B in mortgages coming up for renewal by 2026
CMT Team·General·December 2, 2006Misc. Mortgage Factoids Canadians receive an average of 2.2 rate quotes when purchasing a mortgage. (Source: CIMBL) Royal Bank’s mortgage business is up 12% year-over-year, while their provision for bad loans is at a 3-year high.(Source: Bloomberg)