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Mortgage Arrears

A mortgage is in “arrears” when the borrower is behind on one or more payments.

In Canada, arrears statistics typically measure the number of Canadians who are 90 days or more past due on their payments.

Canadian arrears data is available here:  Canadian Mortgage Arrears

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Last modified: April 9, 2010

Robert McLister is one of Canada’s best-known mortgage experts. A mortgage columnist for The Globe and Mail, interest rate analyst and editor of MortgageLogic.news, Rob has been covering Canada's mortgage market since 2007.

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