higher delinquency rates than traditional lenders such as banks and credit unions.
In 2018, Mortgage Investment Corporations (MICs) in Canada had an average lending rate of 9.8 percent. MICs are investment vehicles which allow their shareholders to collectively invest in a large pool of residential and commercial mortgage investments. They typically have Average lending rate of Mortgage Investment Corporations (MICs) in Canada from 2016 to 2018
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Further Content: You might find this interesting as well
Canada Mortgage and Housing Corporation. (November 6, 2019). Average lending rate of Mortgage Investment Corporations (MICs) in Canada from 2016 to 2018 [Graph]. In Statista. Retrieved May 10, 2024, from https://www.statista.com/statistics/1085843/average-lending-rate-of-mics-in-canada/
Canada Mortgage and Housing Corporation. "Average lending rate of Mortgage Investment Corporations (MICs) in Canada from 2016 to 2018." Chart. November 6, 2019. Statista. Accessed May 10, 2024. https://www.statista.com/statistics/1085843/average-lending-rate-of-mics-in-canada/
Canada Mortgage and Housing Corporation. (2019). Average lending rate of Mortgage Investment Corporations (MICs) in Canada from 2016 to 2018. Statista. Statista Inc.. Accessed: May 10, 2024. https://www.statista.com/statistics/1085843/average-lending-rate-of-mics-in-canada/
Canada Mortgage and Housing Corporation. "Average Lending Rate of Mortgage Investment Corporations (Mics) in Canada from 2016 to 2018." Statista, Statista Inc., 6 Nov 2019, https://www.statista.com/statistics/1085843/average-lending-rate-of-mics-in-canada/
Canada Mortgage and Housing Corporation, Average lending rate of Mortgage Investment Corporations (MICs) in Canada from 2016 to 2018 Statista, https://www.statista.com/statistics/1085843/average-lending-rate-of-mics-in-canada/ (last visited May 10, 2024)
Average lending rate of Mortgage Investment Corporations (MICs) in Canada from 2016 to 2018 [Graph], Canada Mortgage and Housing Corporation, November 6, 2019. [Online]. Available: https://www.statista.com/statistics/1085843/average-lending-rate-of-mics-in-canada/