Annual Mortgage Market Report Nov. 2012
The Canadian Association of Accredited Mortgage Professionals (CAAMP) releases annual fall survey report on residential mortgage market
Report identifies new risks in the Canadian mortgage market: CAAMP
Toronto, ON (November 19, 2012) –
* Among all mortgage holders, 65% have fixed rate mortgages, 28% have variable rate mortgages and 7% have a combination. For mortgages in 2012, there has been a significant shift to fixed rate mortgages - 79% are fixed, 10% are variable and 11% are a combination of both.