Big Banks Announce Mortgage Deferral Relief for Homeowners

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Mortgage Agents in High River

Canada’s big banks announced this week that those struggling due to the COVID-19 crisis will be able to defer their mortgage payments for up to six months.The coordinated announcement came from the Bank of Montreal, CIBC, National Bank of Canada, RBC Royal Bank, Scotiabank and TD Bank, and will be granted on a case-by-case basis to assist those disrupted by the COVID-19 pandemic.

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Original Article Source Credits: canadianmortgagetrends, https://www.canadianmortgagetrends.com/

Article Written By Steve Huebl

Original Article Posted on : March 19, 2020

Link to Original Article: https://www.canadianmortgagetrends.com/2020/03/big-banks-announce-mortgage-deferral-relief-homeowners/

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