One of our readers, Jim, was kind enough to post links for three excellent reports comparing the U.S. and Canadian Subprime markets. Here they are:
- Mortgage Risk – Canada vs. US — Benjamin Tal, CIBC
- U.S. – Canada Mortgage Market Comparison — Xceed
- Comparing the Canadian and U.S. Subprime and Alternative Mortgage Markets — Mortgage Architects
Jim also makes another point:
“There is a danger when comparing Canadian and U.S. “subprime” markets. In the U.S., subprime means subprime only and not Alt-A or Jumbos. While in Canada the media and analysts tend to lump the two together into a Canadian subprime or “non-traditional” category.”
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Last modified: April 20, 2007
Hey Melanie,
CanadianCapitalist has offered some recommendations for upcoming Canadian Tour of Personal Finance blogs.
Care to drop by and comment?!!
Thanks,
Monty Loree