There's no doubt that a healthy mortgage market fuels many different aspects of our economy. It creates jobs, stability within the real estate industry, and overall, allows people to feel more secure with their investments.
With that in mind, our friends over at RateHub have put together a pretty interesting infographic that examines the depth of the mortgage market. Drawing information from CMHC’s 2013 Mortgage Consumer Survey and CAAMP’s Change in the Canadian Mortgage Market, they take a look at the goods, the bads, and everything in between.
As you can see, this infographic does an excellent job of displaying the different layers that the Mortgage market touches!
For more information on the Canadian Mortgage Market, visit RateHub.ca or follow them on twitter @RateHub_Canada