What to do if your mortgage deferrals are almost over and you cant pay
As the summer turns into fall, the six-month vacation thousands of Canadians have taken from their mortgage payments will be over.
As of the end of June, 760,000 people had put their mortgages on pause, according to the Canadian Bankers Association. And for a significant portion of them, the grace period will close in the last few months of 2020.
Original Article Source Credits: Global News , https://globalnews.ca/
Article Written By: Erica Alini
Original Article Posted on: August 29, 2020
Link to Original Article: https://globalnews.ca/news/7301071/mortgage-deferrals-end-cant-pay/