A Quebec lender opted out of mortgages in flood zones. Experts warn it could happen elsewhere
Desjardins Group recently announced it will no longer offer new mortgages in high-risk flood zones in Quebec. If other mortgage providers follow Desjardins' lead, experts warn there could be major consequences for individual home owners and the housing market.
Desjardins Group recently announced it will no longer offer new mortgages in high-risk flood zones in Quebec. If other mortgage providers follow Desjardins' lead, experts warn there could be major consequences for individual home owners and the housing market.