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Savers & Spenders: 2013 Mortgage Stats [Infographic]

This time last year, we took CAAMP’s Annual State of the Residential Mortgage Market report and created an infographic outlining 5 things you didn’t know about the Canadian mortgage market. Today, we took this year’s report and picked up where we left off.

This time around, we decided to look at the spending and saving habits of Canadian homebuyers and homeowners this year. For example, you’ll be able to see that Canadians are saving by renewing and getting lower mortgage rates (yay!) but currently have less equity in their homes than the year before (boo).

If you want to see some of the trends in Canadian mortgages, take a look. A few numbers may surprise you!

For purchase, renewal and mortgage refinance rates, visit Ratehub.ca.

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