That's how a recent IMF* paper characterized Canada's mortgage market. / I; }; v: Z7 ?- c& F; Y5 r- Q) P- ?3 _2 Y- @% p) a
Among other things, it compared Canadian and American mortgages and listed several key differences. Here are the big ones: , G% w) k. q6 e3 T6 D1 [. R" T& S* ]5 R4 |' N8 m