Robert McLister·General·April 9, 2010Mortgage Arrears – U.S. vs Canada Here’s a picture we came across today of mortgage arrears north and south of the border. (Click to enlarge) The chart is from a recent Bank of Canada presentation. While the data seems slightly dated, it’s notable that U.S. prime mortgage arrears are over three times the rate of Canadian subprime arrears. (Chart source: Bank of Canada) Like news like this?Join our CMT Updates list and get the latest news as it happens. Unsubscribe anytime. SUBSCRIBE! Thank you for subscribing. One more step: Please confirm your subscription via the email sent to you.