Consumers rein in debt burden, but housing ‘overshooting’: CIBC
May 27, 2012 by Adil Virani
Filed under Latest News, Latest Rates, Mortgage FAQ, Recent News
Canadians consumers are reining in their debt burdens amid repeated warnings on household borrowing from Bank of Canada Governor Mark Carney and other policy makers. The growth of consumer debt has eased as of March, rising at the slowest pace since 2002, Canadian Imperial Bank of Commerce(CM-T70.03-0.63-0.89%) said Wednesday. “For the first time in more than a […]
