Are Mortgage Delinquencies About to Surge? | Get Your Mortgage for a LilLez!

Canada’s mortgage delinquency rate is expected to continue rising despite the recent quarterly decline.
Upward pressure will intensify as over 750K mortgages renew at higher rates this year.
A further 1.15M renewals in 2026 will add significant national repayment stress.
Higher borrowing costs will challenge households as renewal rates remain well above pandemic lows.
Mortgage renewals at substantially higher costs than in 2020 will increase financial strain for Canadians.