| A mortgage lead these times has a good deal to do | | | | foreclosuresdefaults don't lead mortgage applications in |
| with a bail out effort as it does with a real estate | | | | Canada by any stretch. |
| dealing, as mortgage default lead mortgage | | | | Mortgages lead foreclosure applications by a long shot |
| applications by a large margin. All across the US | | | | in Canada, the "Looney" is surging to record highs |
| hundreds of thousands of houses are defaulting to | | | | compared to our dollar, market confidence is strong |
| foreclosure. | | | | plus bank rates proceed to lead. Mortgage lead plans |
| The property marketplace in the USA is about as | | | | are not the same in Canada,there is still a market for |
| buoyant as lead. Mortgage companies are scrambling | | | | mortgages, so lead mortgage referral still has a need. |
| as a final result of inept money management and | | | | Though foreclosures are the rage in America, the real |
| individuals are being bankrupted at a horrific rate. | | | | estate sector of the economy in Canada is well in the |
| Before long personal bankruptcies will lead mortgage | | | | lead. Mortgage rates are stable in Canada, but |
| renewals as well. | | | | generally follow the US lead. |
| Across the border in Canada currently the mortgage | | | | Mortgage default does not seem to be following the |
| lead industry is not quite as insecure. Indeed, the | | | | American market due to the fact that there is no sub |
| property customer base is 90% smaller but in Canada, | | | | prime market in Canada, it is all controlled by the major |
| their industry has not fell back as much specifically | | | | banks. If the US real estate market continues to falter |
| when it comes to holding a mortgage. Lead time on | | | | though, expect the Canadian industry to eventually |
| Canada following America when it comes to financial | | | | follow their lead. Mortgage rate stability may keep the |
| trends is 6-eighteen months if recent history persists. | | | | status quo for now, but expect it to catch up |
| Real property markets in virtually all cities in Canada | | | | eventually. |
| remains at the "overheated" phase still, plus | | | | |