That's how a recent IMF* paper characterized Canada's mortgage market. - F& B5 J8 t! R: ?% {! f# y% {, K& T: {" H9 I/ S7 o) x
Among other things, it compared Canadian and American mortgages and listed several key differences. Here are the big ones: $ p: T; X. C7 Y( w2 Y# a; T* Z$ V4 K6 s # }% z/ }& W( I9 u) K4 G5 r