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Stock impact report

Media Advisory: Further analysis of the Canadian mortgage market as 2025 approaches [Yahoo! Finance]

Cabot Corporation (CBT) 
Last cabot corporation earnings: 2/3 04:16 pm Check Earnings Report
US:NYSE Investor Relations: cabotog.com/investors
Company Research Source: Yahoo! Finance
homeowners have shown resilience in an environment of higher interest rates. Overall, homeowners continue to show lower credit defaults than renters, and while mortgage defaults remain low by historical standards, they have started to increase. This resilience to make mortgage payments by homeowners will be needed over the next 24 months, as they continue to navigate the impact of higher interest rates and economic uncertainty when they renew their mortgages. In his latest article, CMHC's Senior Vice-President of Housing Economics and Insights, Mathieu Laberge , outlines a CMHC analysis showing further increases in mortgage arrears over the next six to twelve months are likely, with more significant increases in Toronto and Vancouver Read the full article in the CMHC Housing Observer SOURCE Canada Mortgage and Housing Corporation (CMHC) View original content to download multimedia: http://www.newswire.ca/en/releases/archive/November2024/14/c7157.html Show less Read more
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