Mortgage Deferrals, Bank Changes and Market Predictions with Scotiabank and Canada Guaranty

We thought the start of the Fall Market was a great time to get an update from Scotiabank and Canada Guaranty. The consumer knows mortgage deferrals are winding down and the market is hot, but what insights will Jordan and Michelle be able to provide us with the data they’re seeing from their end? How can we use that data to get an idea of what we could see for the rest of 2020 and the first quarter of 2021?

We’ll be discussing;

-What impact on the housing market do we see coming from the end of mortgage deferrals?

-How did the delayed Spring Market activity line up with the bank’s outlook?

-Have we seen a substantial increase in mortgage defaults?

-Has Canada Guaranty seen an increase in business since they didn’t follow CHMC’s new guidelines?

-Market update and year over year comparison

And so much more…