Homeowners are shaking off COVID concerns
Mortgage Professionals Canada has launched a series of new surveys designed to gauge the sentiment of Canadians toward home ownership during the COVID-19 pandemic. The survey will be run four times over 24 weeks. It examines four main aspects of home ownership and home buying sentiment in Canada: - How Covid-19 has affected employment and incomes - Impacts on expectations about buying homes - Attitudes and expectations on topics related to housing markets and mortgages - Opinions about the mortgage deferral program. The first results were released last week. They suggest that more than half of current home owners (57%) do not feel that their employment situation has been severely impacted by COVID-19. Many others expect any changes or impacts will be short-term. The report [...]