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Urban-Rural Mortgage Divide Widens in Ontario
A study reveals that while 71 percent of urban first-time homebuyers in Ontario used Big Five banks in the first half of 2024, only 55 percent of rural buyers did, highlighting an urban-rural divide in mortgage lending, driven by lender availability, bank approaches to rural properties, and monoline...
Urban-Rural Mortgage Divide Widens in Ontario
A study reveals that while 71 percent of urban first-time homebuyers in Ontario used Big Five banks in the first half of 2024, only 55 percent of rural buyers did, highlighting an urban-rural divide in mortgage lending, driven by lender availability, bank approaches to rural properties, and monoline...
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