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🇨🇦 Residential Mortgage Amortization of Big 6 banks + Desjardins as of July 31, 2024: Remaining Amortization: • 36.8% ($596B) > 25-yr (vs 37.7% in Q2) • 11.4% ($184B) > 35-yr (vs 13.4% in Q2) • 4%+ ($65.2B+) are non-amortizing (vs 5.7% in Q2) Non-amortizing: Payment <… https://t.co/zAy3knuwwa
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