Current Mortgage Default Rates 2024. The leveraged loan ttm default rate rose to 3.7% at the end of february, up from 3.4% at the end of january, in the fifth consecutive month of. “mortgage rates will spend the bulk of the year.

New data from equifax canada reveals mortgage payment defaults are increasing, as more borrowers renew their loans amid higher rates. The goal of the implementation is to make the mechanism banks use to determine the interest rate on advances more transparent.