@GRDecter Thanks for sharing our chart. I would greatly appreciate it if you could replace it with the complete version of the chart that features our @WOWA_Canada logo. Tweet added by Hanif Bayat @HanifBayat

Hanif Bayat

9 months

@GRDecter Thanks for sharing our chart. I would greatly appreciate it if you could replace it with the complete version of the chart that features our @WOWA_Canada logo.

Hanif Bayat

@HanifBayat

9 months

Negative amortization stats from banks' Q3 2023 reports, where mortgage payments < interest: BMO: $32.2 B; 22% Total Mortgage Portfolio (up from $28.4 B in Q2 2023) TD: $45.7 B; 18% (up from $39.6 B in Q4 2022) CIBC: $49.8 B; 19% (up from $44.2 B in Q2 2023) RBC & Scotia≈0

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Genevieve Roch-Decter, CFA

@GRDecter

9 months

🚨Canadian banks under pressure. BMO, TD and CIBC have negative amortization on a FIFTH of their mortgages. Rates need to come down. Or principal will keep rising in a down market. Big problem.

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Wild Ace

@wildace

9 months

@HanifBayat @GRDecter @WOWA_Canada I hope she does update it... otherwise.... 😳

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Preeti Saraswat

@SeharPreeti

9 months

@HanifBayat @GRDecter @WOWA_Canada 🫣

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