Foreclosure Crisis Warning Signs You Can't Ignore

Mortgage late payments are rising fast across Canada, and millions could be headed for foreclosure if current trends continue. With personal finance stretched thin, mortgage renewals coming at higher mortgage rates, and the real estate bubble looking fragile, the risks to homeowners are very real. In this video, Justin Chausse breaks down what’s happening in the housing market, why Canadians are falling behind, and what you can do to protect yourself. If you’re worried about mortgages, mortgage renewal, or foreclosure risks, don’t miss this breakdown of the data and 5 key steps to stay ahead.

Timestamps: 📌
0:00 – Mortgage Late Payments Going Up a Lot!
0:49 – GTA Numbers Are Higher Than Normal
1:20 – Last Time We Saw This Was 2009—This Time, We Won’t Be Saved
2:17 – What Happens to the Housing Market?
2:53 – Why Are People Missing Payments?
3:31 – Example: Your Mortgage at Renewal
4:06 – Job Delinquencies Up, People Losing Their Income
4:35 – Debt Spirals: Canadians Are in Too Much Debt
5:11 – External Pressures Like Property Tax Increases & Cost of Living
6:07 – Why Rate Cuts Won’t Save Us From This Crisis
7:01 – Foreclosures Starting, Negative Equity Rising
8:24 – What to Do? 5 Steps to Avoid Arrears or Missing Payments
10:02 – Headlines Are Scary, But You Have Options

👉 Stay informed with the latest home buying tips, mortgage updates, and personal finance insights. Subscribe now so you don’t miss the next Canadian housing market update!

============================

✅ RESOURCES & FREE TOOLS
• Apply for a mortgage → https://tinyurl.com/2c9rlxnj
• Try the free mortgage calculator → https://tinyurl.com/26n35h4l
• Find your home value & equity → https://tinyurl.com/2dg55wmz

============================

📞 CONNECT WITH JUSTIN
• Phone → (905) 684-9595
• Book a Call → https://chaussemortgages.ca/book-appo...
• Website → www.chaussemortgages.ca

============================

📲 FOLLOW FOR MORE
• Instagram → / justinchaussemortgage
• Facebook → / chaussefinancial
• YouTube → / ‪@ChausseMortgageGroup‬

============================

📌 DISCLAIMER
This video is for informational purposes only and is not a substitute for professional financial advice.
Please consult a licensed advisor before making financial decisions.
The presenter is not liable for any financial loss related to the content shared in this video.